Charles Wickers - Nov 29, 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
Nov 29, 2023
Transactions value $
-$639,557
Form type
4
Date filed
12/1/2023, 04:24 PM
Previous filing
Nov 13, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROVR Class A Common Stock Options Exercise $141K +71K +62.57% $1.99 184K Nov 29, 2023 Direct
transaction ROVR Class A Common Stock Sale -$781K -71K -38.49% $11.00 113K Nov 29, 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 -31K -68.59% $0.00 14.2K Nov 29, 2023 Class A Common Stock 31K $1.99 Direct F2
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -14.8K -99.97% $0.00 4 Nov 29, 2023 Class A Common Stock 14.8K $1.99 Direct F3
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -15.7K -100% $0.00* 0 Nov 29, 2023 Class A Common Stock 15.7K $1.99 Direct F4
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -9.51K -57.59% $0.00 7K Nov 29, 2023 Class A Common Stock 9.51K $1.99 Direct F5
* 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 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.
F3 These stock options vested by April 1, 2023.
F4 These stock options vested by July 1, 2022.
F5 These stock options vested by September 1, 2023.