Athey Susan C - Jul 30, 2021 Form 3 Insider Report for ROVER GROUP, INC. (ROVR)

Role: Director
Signature: /s/ Susan G. Athey
Stock symbol: ROVR
Transactions as of: Jul 30, 2021
Transactions value $: $0
Form type: 3
Date filed: 8/9/2021, 05:42 PM
Previous filing: Jul 16, 2021
Next filing: Aug 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	ROVR	No securities are beneficially owned						0	Jul 30, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	ROVR	Stock Option (right to buy)							Jul 30, 2021	Class A Common Stock	278K	$1.04	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares subject to the option fully vested on November 17, 2019.
F2	Reflects shares of Class A common stock, par value $0.0001, of Rover Group, Inc., f/k/a Nebula Caravel Acquisition Corp. (the "Issuer"), acquired on July 30, 2021, upon the completion of the merger pursuant to the Business Combination Agreement, dated as of February 10, 2021, by and among the Issuer, Fetch Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Nebula Caravel Acquisition Corp., and A Place for Rover, Inc., a Delaware corporation (the "Merger"). At the effective time of the Merger (the "Effective Time"), each option was converted into the right to receive 1.2006 shares of the Class A common stock of the Issuer, subject to rounding.

Content

The shares subject to the option fully vested on November 17, 2019.

Reflects shares of Class A common stock, par value $0.0001, of Rover Group, Inc., f/k/a Nebula Caravel Acquisition Corp. (the "Issuer"), acquired on July 30, 2021, upon the completion of the merger pursuant to the Business Combination Agreement, dated as of February 10, 2021, by and among the Issuer, Fetch Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Nebula Caravel Acquisition Corp., and A Place for Rover, Inc., a Delaware corporation (the "Merger"). At the effective time of the Merger (the "Effective Time"), each option was converted into the right to receive 1.2006 shares of the Class A common stock of the Issuer, subject to rounding.