Charles Wickers - 09 Nov 2023 Form 4 Insider Report for ROVER GROUP, INC.

Role
Chief Financial Officer
Signature
/s/ Melissa Weiland, attorney in fact on behalf of Charles Wickers
Issuer symbol
N/A
Transactions as of
09 Nov 2023
Net transactions value
-$137,200
Form type
4
Filing time
13 Nov 2023, 16:45:13 UTC
Previous filing
09 Nov 2023
Next filing
01 Dec 2023
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 $32,457 +16,310 +14% $1.99 129,762 09 Nov 2023 Direct
transaction ROVR Class A Common Stock Sale $130,516 -16,310 -13% $8.00 113,452 09 Nov 2023 Direct F1, F2
transaction ROVR Class A Common Stock Options Exercise $12,913 +6,489 +5.7% $1.99 119,941 10 Nov 2023 Direct
transaction ROVR Class A Common Stock Sale $52,054 -6,489 -5.4% $8.02 113,452 10 Nov 2023 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 Stock Options (Right to buy) Options Exercise $0 -6,435 -29% $0.000000 15,683 09 Nov 2023 Class A Common Stock 6,435 $1.99 Direct F3
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -3,850 -7.2% $0.000000 49,436 09 Nov 2023 Class A Common Stock 3,850 $1.99 Direct F4
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -5,567 -27% $0.000000 14,797 09 Nov 2023 Class A Common Stock 5,567 $1.99 Direct F5
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -458 -2.4% $0.000000 18,757 09 Nov 2023 Class A Common Stock 458 $1.99 Direct F6
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -4,239 -8.6% $0.000000 45,197 10 Nov 2023 Class A Common Stock 4,239 $1.99 Direct F4
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -2,250 -12% $0.000000 16,507 10 Nov 2023 Class A Common Stock 2,250 $1.99 Direct F6
* 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 $8.00 to $8.02, 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.
F3 These stock options vested by July 1, 2022.
F4 1/48th of the total number of shares subject to the option vest monthly from March 1, 2020, subject to the reporting person's continued service through each vesting date.
F5 These stock options vested by April 1, 2023.
F6 These stock options vested by September 1, 2023.