Carol Denise Stott - 15 Sep 2021 Form 4 Insider Report for Vroom, Inc. (VRM)

Signature
/s/ Alison Klein, Attorney-in-Fact for Carol Denise Stott
Issuer symbol
VRM
Transactions as of
15 Sep 2021
Net transactions value
-$303,576
Form type
4
Filing time
17 Sep 2021, 16:13:11 UTC
Previous filing
10 Sep 2021
Next filing
17 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRM Common Stock Options Exercise $63,150 +15,000 +8.8% $4.21 184,545 15 Sep 2021 Direct
transaction VRM Common Stock Sale $366,726 -15,000 -8.1% $24.45* 169,545 15 Sep 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 Options Exercise $0 -15,000 -40% $0.000000 22,500 15 Sep 2021 Common Stock 15,000 $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 $24.13 to $24.77. 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 22,500 shares, and the remaining shares will vest and become exercisable on May 17, 2022.