Certain Restricted Stock Units of The Duckhorn Portfolio, Inc. are subject to a Lock-Up Agreement Ending on 14-SEP-2021.
September 13, 2021
Share
Certain Restricted Stock Units of The Duckhorn Portfolio, Inc. are subject to a Lock-Up Agreement Ending on 14-SEP-2021. These Restricted Stock Units will be under lockup for 181 days starting from 17-MAR-2021 to 14-SEP-2021.
Details:
The company's directors, executive officers and holders of substantially all of outstanding capital stock or other equity interests in the company have agreed that, without the prior written consent of J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC, they will not, subject to limited exceptions, directly or indirectly sell or dispose of any shares of common stock or any securities convertible into or exchangeable or exercisable for shares of common stock for a period of 180 days after the date of this prospectus.
The Duckhorn Portfolio, Inc. is a producer of luxury wines in North America. The Company makes a curated and comprehensive portfolio of luxury wines across multiple varieties, appellations, brands and price points. It sells its wines in approximately 50 states and over 50 countries at prices ranging from $20 to $200 per bottle under a portfolio of winery brands, including Duckhorn Vineyards, Decoy, Goldeneye, Paraduxx, Migration, Canvasback, Calera, Kosta Browne, Greenwing and Postmark. It sells its wines on its wholesale channel, to distributors and directly to trade accounts in California, and to consumers on its direct-to-consumer (DTC) channel. The Company has approximately 10 wineries, nine winemaking facilities, seven tasting rooms and over 1,100 coveted acres of vineyards spanning 32 estate properties.
THE DUCKHORN PORTFOLIO, INC. 
