Tracy Knox - Jul 30, 2021 Form 3 Insider Report for ROVER GROUP, INC. (ROVR)

Role
Chief Financial Officer
Signature
/s/ Tracy Knox
Stock symbol
ROVR
Transactions as of
Jul 30, 2021
Transactions value $
$0
Form type
3
Date filed
8/9/2021, 05:51 PM
Next filing
Aug 19, 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 222K $1.80 Direct F1, F2
holding ROVR Stock Option (right to buy) Jul 30, 2021 Class A Common Stock 372K $1.80 Direct F1, F2
holding ROVR Stock Option (right to buy) Jul 30, 2021 Class A Common Stock 263K $1.80 Direct F2, F3
holding ROVR Stock Option (right to buy) Jul 30, 2021 Class A Common Stock 403K $1.99 Direct F2, F4
holding ROVR Stock Option (right to buy) Jul 30, 2021 Class A Common Stock 258K $1.99 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares subject to the option vested on October 17, 2017, and 1/48th vests monthly thereafter.
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.
F3 7/48ths of the shares subject to the option vest on October 17, 2018 and 1/48th vests monthly thereafter on the 15th day of the month.
F4 This option was originally granted on April 25, 2019 and repriced on July 13, 2020. 1/48 of the total number of shares vested on May 1, 2019 and 1/48th vests monthly thereafter.
F5 1/48 of the total number of shares vested monthly on April 1, 2020, and 1/48th vests monthly thereafter.