Jacobson Scott - Nov 23, 2021 Form 4 Insider Report for ROVER GROUP, INC. (ROVR)

Role
Director
Signature
/s/ Melissa Weiland, attorney in fact on behalf of JACOBSON SCOTT
Stock symbol
ROVR
Transactions as of
Nov 23, 2021
Transactions value $
-$9,372,910
Form type
4
Date filed
11/24/2021, 03:31 PM
Previous filing
Oct 1, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Sale -$9.18M -918K -3.43% $10.00 25.8M Nov 23, 2021 By Madrona Venture Fund IV, LP F1, F2, F3
transaction ROVR Class A Common Stock Sale -$198K -19.8K -2.9% $10.00 661K Nov 23, 2021 By Madrona Venture Fund IV-A, LP F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This filing relates to the sale of shares pursuant to the closing of a previously announced registered secondary offering.
F2 Due to an inadvertent error by the issuer in not recording an intra-fund transfer of shares, previously reported shares of Class A Common Stock beneficially owned by Madrona Venture Fund IV, L.P. were overstated by 1,062 shares, while those beneficially owned by Madrona Venture Fund IV-A, LP were understated by 1,062 shares. This report includes the correct total of shares of Class A Common Stock beneficially owned by both Madrona Venture Fund IV, L.P. and Madrona Venture Fund IV-A, LP after adjusting for the intra-fund transfer and the transactions reported herein.
F3 Shares held directly by Madrona Venture Fund IV, L.P. Madrona Investment Partners IV, L.P., the general partner of Madrona Venture Fund IV, L.P., may be deemed an indirect beneficial owner of the reported securities. The reporting person is a managing director of Madrona IV General Partner, LLC, the general partner of Madrona Investment Partners IV, L.P. The reporting person disclaims beneficial ownership of the reported securities except to the extent of the reporting person's pecuniary interest therein.
F4 Shares held directly by Madrona Venture Fund IV-A, L.P. Madrona Investment Partners IV, L.P., the general partner of Madrona Venture Fund IV-A, L.P., may be deemed an indirect beneficial owner of the reported securities. The reporting person is a managing director of Madrona IV General Partner, LLC, the general partner of Madrona Investment Partners IV, L.P. The reporting persons disclaims beneficial ownership of the reported securities except to the extent of the reporting person's pecuniary interest therein.