Turner Brenton R. - Mar 1, 2022 Form 4 Insider Report for ROVER GROUP, INC. (ROVR)

Role
President & COO
Signature
/s/ Melissa Weiland, attorney in fact on behalf of TURNER BRENTON R.
Stock symbol
ROVR
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 05:31 PM
Previous filing
Dec 7, 2021
Next filing
Mar 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Options Exercise +37K +34.46% 144K Mar 1, 2022 Direct F1

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 ROVR Restricted Stock Units Options Exercise $0 -37K -19.76% $0.00 150K Mar 1, 2022 Class A Common Stock 37K Direct F1, F2
transaction ROVR Restricted Stock Units Award $0 +550K +366.66% $0.00 700K Mar 3, 2022 Class A Common Stock 550K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") convert into Rover Group, Inc. Class A common stock on a one-for-one basis.
F2 On November 2, 2021, the reporting person was granted 200,000 RSUs. On December 1, 2021, 3/16ths of the RSUs vested. 1/16th of the RSUs shall vest on the first of the month every three months thereafter. On November 7, 2021, the reporting person was granted 24,450 RSUs, which fully vested on March 1, 2022. Vested RSUs that meet all settlement requirements will be settled as soon as practicable after vesting, but no later than 60 days after vesting.
F3 Each RSU represents a contingent right to receive one share of Rover Group, Inc. Class A common stock.
F4 On June 1, 2022, 1/16th of the RSUs vest. 1/16th of the RSUs shall vest on the first of the month every three months thereafter. Vested RSUs that meet all settlement requirements will be settled as soon as practicable after vesting, but no later than 60 days after vesting.