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