Jocelyn C. Mangan - Aug 9, 2022 Form 4 Insider Report for Wag! Group Co. (PET)

Role
Director
Signature
/s/ Jocelyn C. Mangan
Stock symbol
PET
Transactions as of
Aug 9, 2022
Transactions value $
$0
Form type
4
Date filed
8/9/2022, 07:34 PM
Previous filing
May 31, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PET Common Stock Award +84.6K 84.6K Aug 9, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock awards ("RSAs") vest in 16 equal quarterly installments, with a one year cliff beginning on July 1, 2021.
F2 Received in exchange for 87,077 RSAs of Wag Labs, Inc. RSAs that automatically converted into shares of Wag! Group Co. Common Stock on a 1 for 0.97 basis in connection with merger of Wag Labs, Inc. into Wag! Group Co. (the "Business Combination") upon the closing date of the Business Combination.
F3 The Business Combination Agreement provides that certain eligible company equity holders will receive earn-out shares as additional consideration for the company interests acquired in connection with the Business Combination, for no consideration, after certain triggering events as defined in the Business Combination Agreement. The reporting person's right to receive additional shares pursuant to this earn-out right became fixed on August 9, 2022, the effective date of the Business Combination.