David K. Jones - Jun 8, 2021 Form 4 Insider Report for Vroom, Inc. (VRM)

Role: Chief Financial Officer
Signature: /s/ Alison Klein, Attorney-in-Fact for David K. Jones
Stock symbol: VRM
Transactions as of: Jun 8, 2021
Transactions value $: -$979,253
Form type: 4
Date filed: 6/10/2021, 04:14 PM
Previous filing: May 11, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VRM	Common Stock	Options Exercise	$105K	+25K	+50.19%	$4.21	74.8K	Jun 8, 2021	Direct
transaction	VRM	Common Stock	Sale	-$1.08M	-25K	-33.42%	$43.38^*	49.8K	Jun 8, 2021	Direct	F1, F2

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
transaction	VRM	Stock Option (Right to Buy)	Options Exercise	$0	-25K	-11.11%	$0.00	200K	Jun 8, 2021	Common Stock	25K	$4.21	Direct	F3

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

Explanation of Responses:

Id	Content
F1	The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2020.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.02 to $44.01. The reporting person undertakes to provide 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.
F3	The option is vested and exercisable as to 200,000 shares, and the remaining shares vest and become exercisable in two equal annual installments beginning on November 12, 2021.