Key facts
- This page summarizes Aaron Easterly's Form 4 filing for ROVER GROUP, INC..
- 6 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Dec 2023, 18:23.
Aaron Easterly - 01 Dec 2023 Form 4 Insider Report for ROVER GROUP, INC.
- Reporting relationship
- CHIEF EXECUTIVE OFFICER, Director
- Issuer ticker
- N/A
- Reported as of
- 01 Dec 2023
- Net transaction value
- -$3,974,152
- SEC form
- 4
- Accepted by SEC
- 05 Dec 2023, 18:23:54 UTC
- Prior SEC filing
- 17 Nov 2023
- Next SEC filing
- 04 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Melissa Weiland, attorney in fact on behalf of EASTERLY AARON
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Aaron Easterly filed Form 4 for ROVER GROUP, INC. on 05 Dec 2023.
Change
- Previous filing in this sequence was filed on 17 Nov 2023.
- Current net transaction value: -$3,974,152.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ROVR
transaction
Class A Common Stock
Options Exercise
- Transaction value
- Shares
- +163,215
- Change %
- +4.1%
- Price
- Shares after
- 4,130,031
- Date
- 01 Dec 2023
- Ownership
- Direct
- Footnotes
- F1
ROVR
transaction
Class A Common Stock
Tax liability
- Transaction value
- $699,432
- Shares
- -64,227
- Change %
- -1.6%
- Price
- $10.89
- Shares after
- 4,065,804
- Date
- 01 Dec 2023
- Ownership
- Direct
- Footnotes
- F2
ROVR
transaction
Class A Common Stock
Sale
- Transaction value
- $1,093,960
- Shares
- -100,000
- Change %
- -2.5%
- Price
- $10.94
- Shares after
- 3,965,804
- Date
- 01 Dec 2023
- Ownership
- Direct
- Footnotes
- F3, F4
ROVR
transaction
Class A Common Stock
Sale
- Transaction value
- $1,089,950
- Shares
- -100,000
- Change %
- -2.5%
- Price
- $10.90
- Shares after
- 3,865,804
- Date
- 04 Dec 2023
- Ownership
- Direct
- Footnotes
- F3, F5
ROVR
transaction
Class A Common Stock
Sale
- Transaction value
- $1,090,810
- Shares
- -100,000
- Change %
- -2.6%
- Price
- $10.91
- Shares after
- 3,765,804
- Date
- 05 Dec 2023
- Ownership
- Direct
- Footnotes
- F3, F6
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ROVR
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -163,215
- Change %
- -8.7%
- Price
- $0.000000
- Shares after
- 1,718,936
- Date
- 01 Dec 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 163,215
- Exercise price
- Footnotes
- F1, F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 7 footnotes
Footnote F1
Restricted stock units ("RSUs") convert into Rover Group, Inc. Class A common stock on a one-for-one basis.
Footnote 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.
Footnote F3
The reported sale occurred automatically pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on June 7, 2023.
Footnote F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.92 to $10.95, 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.
Footnote F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.88 to $10.94, 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.
Footnote F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.89 to $10.92, 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.
Footnote F7
The reporting person was granted 448,300 RSUs on November 2, 2021, 714,846 RSUs on March 3, 2022, and 1,448,291 RSUs on March 13, 2023. On December 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.