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

Signature
/s/ Melissa Weiland, attorney in fact on behalf of Charles Wickers
Stock symbol
ROVR
Transactions as of
Mar 1, 2023
Transactions value $
-$56,840
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 +30.1K +75.07% 70.2K Mar 1, 2023 Direct F1
transaction ROVR Class A Common Stock Tax liability -$56.8K -13.2K -18.78% $4.31 57K Mar 1, 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 -30.1K -7.11% $0.00 393K Mar 1, 2023 Class A Common Stock 30.1K Direct F1, F2
* 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 30,000 RSUs. On November 2, 2021, 2/16ths of the RSUs vested. 1/16th of the RSUs shall vest on the first of the month every December, March, June and September thereafter until fully vested. On March 6, 2022, the reporting person was granted 137,497 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. On September 7, 2022, the reporting person was granted 314,253 RSUs. On December 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.