0001019056-21-000249.txt : 20210416 0001019056-21-000249.hdr.sgml : 20210416 20210416160856 ACCESSION NUMBER: 0001019056-21-000249 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210415 FILED AS OF DATE: 20210416 DATE AS OF CHANGE: 20210416 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stiefel Sean CENTRAL INDEX KEY: 0001765017 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39146 FILM NUMBER: 21831574 MAIL ADDRESS: STREET 1: 28 REICHERT CIRCLE CITY: WESTPORT STATE: CT ZIP: 06880 FORMER NAME: FORMER CONFORMED NAME: Steifel Sean DATE OF NAME CHANGE: 20190116 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GrowGeneration Corp. CENTRAL INDEX KEY: 0001604868 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-BUILDING MATERIALS, HARDWARE, GARDEN SUPPLY [5200] IRS NUMBER: 465008129 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 930 W 7TH AVE, SUITE A CITY: DENVER STATE: CO ZIP: 80204 BUSINESS PHONE: 914-924-1235 MAIL ADDRESS: STREET 1: 930 W 7TH AVE, SUITE A CITY: DENVER STATE: CO ZIP: 80204 FORMER COMPANY: FORMER CONFORMED NAME: EasyLife, Corp. DATE OF NAME CHANGE: 20140404 4 1 stiefel.xml FORM 4 X0306 4 2021-04-15 0 0001604868 GrowGeneration Corp. GRWG 0001765017 Stiefel Sean 28 REICHERT CIRCLE WESTPORT CT 06880 1 0 0 0 Common Stock 2021-04-15 4 X 0 166667 0.35 A 394213 I See Footnotes Common Stock 2021-04-15 4 X 0 112903 3.50 A 507116 I See Footnotes Common Stock 2021-04-15 4 S 0 8305 47.58 D 498811 I See Footnotes Common Stock 2021-04-15 4 J 0 0 0 A 111252 D Warrant 0.35 2021-04-15 4 X 0 166667 0 D 2018-05-09 2021-05-09 Common Stock 166667 0 I See Footnote Warrant 3.50 2021-04-15 4 X 0 112903 0 D 2019-06-04 2022-06-04 Common Stock 112903 0 I See Footnote Sean Stiefel (the "Reporting Person") is a manager and Chief Executive Officer of Navy Capital Green Management, LLC ("NCG") and a manager of Navy Capital Green Management Partners, LLC ("NCGMP"). NCGMP is the general partner of Navy Capital Green Fund, LP (the "Fund"). NCG is the investment manager of the Fund. This Form 4 is being filed by the Reporting Person as a result of (i) cash exercise by the Fund of warrants to purchase shares of Common Stock, and (ii) cashless exercise by the Fund of warrants to purchase shares of Common Stock. The amount of 498,811 in Table I reflects the aggregate amount of Common Stock held by the Fund directly after giving effect to the exercise of the warrants requiring the filing of this statement. On April 15, 2021, the Fund exercised a warrant to purchase 112,903 shares of Issuer's common stock for $3.50 a share. The Fund paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 8,305 of the warrant shares to pay the exercise price and issuing to the Fund the remaining 104,598 shares. Following the warrant exercises by the Fund of warrants owned to purchase shares of Common Stock of the Issuer, the Reporting Person indirectly owns a total of 498,811 shares of Common Stock held by the Fund, and directly owns 111,252 shares of Common Stock. The number of derivative securities owned after the transactions reported in column 9 of Table II above includes only warrants. /s/ Sean Stiefel 2021-04-16