AARON EASTERLY - 01 Feb 2024 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
01 Feb 2024
Net transactions value
-$2,541,945
Form type
4
Filing time
05 Feb 2024, 19:15:04 UTC
Previous filing
04 Jan 2024
Next filing
28 Feb 2024
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 Sale $1,094,410 -100,000 -2.9% $10.94 3,365,804 01 Feb 2024 Direct F1, F2
transaction ROVR Class A Common Stock Sale $1,094,180 -100,000 -3% $10.94 3,265,804 02 Feb 2024 Direct F1, F3
transaction ROVR Class A Common Stock Options Exercise $174,042 +96,690 +3% $1.80 3,362,494 02 Feb 2024 Direct
transaction ROVR Class A Common Stock Options Exercise $192,903 +96,936 +2.9% $1.99 3,459,430 02 Feb 2024 Direct
transaction ROVR Class A Common Stock Sale $720,299 -65,800 -1.9% $10.95 3,393,630 05 Feb 2024 Direct F1, F2

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 -96,690 -9.8% $0.000000 889,899 02 Feb 2024 Class A Common Stock 96,690 $1.80 Direct F4
transaction ROVR Stock Options (Right to buy) Options Exercise $0 -50,234 -3.9% $0.000000 1,225,528 02 Feb 2024 Class A Common Stock 50,234 $1.99 Direct F5
transaction ROVR Stock Option (right to buy) Options Exercise $0 -46,702 -3.9% $0.000000 1,162,257 02 Feb 2024 Class A Common Stock 46,702 $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 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 $10.94 to $10.96, 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 $10.94 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.
F4 These stock options fully vested by February 15, 2022.
F5 These exercised stock options fully vested by February 1, 2024.
F6 These stock options fully vested by February 1, 2023.