AARON EASTERLY - 15 Nov 2023 Form 4 Insider Report for ROVER GROUP, INC.

Role
CHIEF EXECUTIVE OFFICER, Director
Signature
/s/ Melissa Weiland, attorney in fact on behalf of EASTERLY AARON
Issuer symbol
N/A
Transactions as of
15 Nov 2023
Net transactions value
-$767,977
Form type
4
Filing time
17 Nov 2023, 19:19:22 UTC
Previous filing
15 Nov 2023
Next filing
05 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 $23,688 +65,800 +1.7% $0.3600* 4,042,870 15 Nov 2023 Direct
transaction ROVR Class A Common Stock Sale $521,886 -65,800 -1.6% $7.93 3,977,070 15 Nov 2023 Direct F1, F2
transaction ROVR Class A Common Stock Options Exercise $2,556 +7,100 +0.18% $0.3600* 3,984,170 16 Nov 2023 Direct
transaction ROVR Class A Common Stock Sale $114,633 -14,100 -0.35% $8.13 3,970,070 16 Nov 2023 Direct F1
transaction ROVR Class A Common Stock Options Exercise $6,065 +16,846 +0.42% $0.3600* 3,986,916 17 Nov 2023 Direct
transaction ROVR Class A Common Stock Sale $163,767 -20,100 -0.5% $8.15 3,966,816 17 Nov 2023 Direct F1, F3

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 Option (right to buy) Options Exercise $0 -65,800 -73% $0.000000 23,946 15 Nov 2023 Class A Common Stock 65,800 $0.3600 Direct F4
transaction ROVR Stock Option (right to buy) Options Exercise $0 -7,100 -30% $0.000000 16,846 16 Nov 2023 Class A Common Stock 7,100 $0.3600 Direct F4
transaction ROVR Stock Option (right to buy) Options Exercise $0 -16,846 -100% $0.000000* 0 17 Nov 2023 Class A Common Stock 16,846 $0.3600 Direct F4
* 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 June 7, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.82 to $8.00, 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 $8.13 to $8.20, 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.
F4 These stock options vested by December 11, 2018.