Easterly Aaron - Mar 1, 2023 Form 4 Insider Report for ROVER GROUP, INC. (ROVR)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Melissa Weiland, attorney in fact on behalf of EASTERLY AARON
Stock symbol: ROVR
Transactions as of: Mar 1, 2023
Transactions value $: $160,894
Form type: 4
Date filed: 3/3/2023, 04:15 PM
Previous filing: Dec 13, 2022
Next filing: Mar 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ROVR	Class A Common Stock	Options Exercise		+72.7K	+2.2%		3.37M	Mar 1, 2023	Direct	F1
transaction	ROVR	Class A Common Stock	Tax liability	-$128K	-29.6K	-0.88%	$4.31	3.34M	Mar 1, 2023	Direct
transaction	ROVR	Class A Common Stock	Options Exercise	$88.8K	+247K	+7.39%	$0.36^*	3.59M	Mar 2, 2023	Direct
transaction	ROVR	Class A Common Stock	Options Exercise	$200K	+192K	+5.36%	$1.04^*	3.78M	Mar 2, 2023	Direct

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	-72.7K	-8.73%	$0.00	760K	Mar 1, 2023	Class A Common Stock	72.7K		Direct	F1, F2
transaction	ROVR	Stock Option (right to buy)	Options Exercise	$0	-192K	-22.86%	$0.00	648K	Mar 2, 2023	Class A Common Stock	192K	$1.04	Direct	F3, F4
transaction	ROVR	Stock Option (right to buy)	Options Exercise	$0	-247K	-43.23%	$0.00	324K	Mar 2, 2023	Class A Common Stock	247K	$0.36	Direct	F5, F6

* 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 448,300 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 March 3, 2022, the reporting person was granted 714,846 RSUs. On June 1, 2022, 1/16th of the RSUs vested. 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.
F3	The shares subject to the option fully vested on December 16, 2020.
F4	Includes 648,310 stock options with the same exercise price, vesting terms and expiration date that was previously reported separately on the reporting person's Form 3 filed on August 9, 2021.
F5	The shares subject to the option fully vested on November 11, 2018.
F6	Includes 323,946 stock options with the same exercise price, vesting terms and expiration date that was previously reported separately on the reporting person's Form 3 filed on August 9, 2021.