Turner Brenton R. - Oct 17, 2023 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
Oct 17, 2023
Transactions value $
-$283,895
Form type
4
Date filed
10/19/2023, 04:56 PM
Previous filing
Sep 6, 2023
Next filing
Nov 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Sale -$210K -30K -2.44% $7.00 1.2M Oct 17, 2023 Direct F1, F2
transaction ROVR Class A Common Stock Sale -$73.9K -10.5K -0.88% $7.00 1.19M Oct 18, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale occurred automatically pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on December 15, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.01, inclusive. The reporting person undertakes to provide to Rover Group, Inc., any security holder of Rover Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.02, inclusive. The reporting person undertakes to provide to Rover Group, Inc., any security holder of Rover Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.