Foundry Group Next, L.P. - Oct 31, 2023 Form 4 Insider Report for ROVER GROUP, INC. (ROVR)

Role
10%+ Owner
Signature
Foundry Group Next, L.P., By: FG Next GP, LLC, its General Partner, By /s/ Bradley A. Feld, Managing Member
Stock symbol
ROVR
Transactions as of
Oct 31, 2023
Transactions value $
-$2,875,812
Form type
4
Date filed
11/2/2023, 07:52 PM
Previous filing
Oct 1, 2021
Next filing
Nov 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Sale -$598K -92.5K -0.7% $6.46 13.1M Oct 31, 2023 By Foundry Venture Capital 2013, L.P. F1, F2
transaction ROVR Class A Common Stock Sale -$1.18M -187K -1.42% $6.31 13M Nov 1, 2023 By Foundry Venture Capital 2013, L.P. F2, F3
transaction ROVR Class A Common Stock Sale -$1.1M -170K -1.31% $6.45 12.8M Nov 2, 2023 By Foundry Venture Capital 2013, L.P. F2, F4
holding ROVR Class A Common Stock 7.04M Oct 31, 2023 By Foundry Group Next, L.P. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.44 to $6.49 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Shares are held by Foundry Venture Capital 2013, L.P. ("2013 LP"). Foundry Venture 2013, LLC ("2013 LLC") is the general partner of 2013 LP and may be deemed to beneficially own the shares held by 2013 LP. Brad Feld, Ryan McIntyre and Seth Levine are managing members of 2013 LLC, and may be deemed to share voting and investment power over the shares held by 2013 LP. Each of 2013 LLC, and Messrs. Feld, McIntyre and Levine disclaims beneficial ownership in these shares except to the extent of his or its respective pecuniary interest therein.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.21 to $6.46 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.40 to $6.50 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Shares are held by Foundry Group Next, L.P. ("Next LP"). FG Next GP, LLC ("Next LLC") is the general partner of Next LP and may be deemed to beneficially own the shares held by Next LP. Brad Feld, Ryan McIntyre and Seth Levine are managing members of Next LLC, and may be deemed to share voting and investment power over the shares held by Next LP. Each of Next LLC, and Messrs. Feld, McIntyre and Levine disclaims beneficial ownership in these shares except to the extent of his or its respective pecuniary interest therein.