Jacobson Scott - Dec 31, 2021 Form 5 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
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/14/2022, 07:03 PM
Previous filing
Nov 24, 2021
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Other $0 +3.53K +0.01% $0.00 25.8M Nov 23, 2021 By Madrona Venture Fund IV, LP F1, F2
transaction ROVR Class A Common Stock Other $0 -3.53K -0.53% $0.00 658K Nov 23, 2021 By Madrona Venture Fund IV-A, LP F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Due to an inadvertent misallocation, 3,531 shares of Class A Common Stock sold by Madrona Venture Fund IV, L.P. in the secondary offering that closed on November 23, 2021 should have been sold by Madrona Venture Fund IV-A, L.P. Subsequent to that offering, an intra-fund transfer occurred between Madrona Venture Fund IV, L.P. and Madrona Venture Fund IV-A, L.P. to correct the misallocation. This report reflects the correctly allocated share amounts for both Madrona Venture Fund IV, L.P. and Madrona Venture Fund IV-A, L.P. The intra-fund transfer is exempt under Rule 16a-13.
F2 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.
F3 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 person disclaims beneficial ownership of the reported securities except to the extent of the reporting person's pecuniary interest therein.