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

Role
Chief Financial Officer
Signature
/s/ Melissa Weiland, attorney in fact on behalf of Charles Wickers
Stock symbol
ROVR
Transactions as of
Jun 1, 2023
Transactions value $
-$116,566
Form type
4
Date filed
6/5/2023, 04:21 PM
Previous filing
Mar 15, 2023
Next filing
Aug 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Options Exercise +64.7K +113.41% 122K Jun 1, 2023 Direct F1
transaction ROVR Class A Common Stock Tax liability -$117K -25.5K -20.91% $4.58 96.3K Jun 1, 2023 Direct F2

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 -64.7K -6.84% $0.00 881K Jun 1, 2023 Class A Common Stock 64.7K Direct F1, F3
* 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 This transaction relates to the withholding of RSUs solely to satisfy any income, employment or tax withholding and remittance obligations in connection with the vesting and settlement of RSUs held by the reporting person.
F3 The reporting person was granted 30,000 RSUs on November 2, 2021, 137,497 RSUs on March 6, 2022, 314,253 RSUs on September 7, 2022, and 553,047 RSUs on March 13, 2023. On June 1, 2023, 1/16th of each of these RSU grants vested. For each of these RSU grants, 1/16th of the RSUs shall vest on the first of the month every March, June, September and December until fully vested and subject to continued service through each vesting date. Vested RSUs that meet all settlement requirements will be settled as soon as practicable after vesting, but no later than 60 days after vesting.