Brenton R. Turner - 01 Mar 2022 Form 4 Insider Report for ROVER GROUP, INC.

Role
President & COO
Signature
/s/ Melissa Weiland, attorney in fact on behalf of TURNER BRENTON R.
Issuer symbol
N/A
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
03 Mar 2022, 17:31:49 UTC
Previous filing
07 Dec 2021
Next filing
14 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Options Exercise +36,950 +34% 144,165 01 Mar 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 -36,950 -20% $0.000000 150,000 01 Mar 2022 Class A Common Stock 36,950 Direct F1, F2
transaction ROVR Restricted Stock Units Award $0 +549,987 +367% $0.000000 699,987 03 Mar 2022 Class A Common Stock 549,987 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.