Patricia Moran - 06 Feb 2024 Form 4 Insider Report for Vroom, Inc. (VRM)

Signature
/s/ Alison Klein, Attorney-in-Fact for Patricia Moran
Issuer symbol
VRM
Transactions as of
06 Feb 2024
Net transactions value
-$2,311
Form type
4
Filing time
08 Feb 2024, 17:03:36 UTC
Previous filing
22 Mar 2023
Next filing
12 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRM Common Stock Sale $2,311 -10,792 -1.3% $0.2141 827,666 06 Feb 2024 Direct F1, F2
* 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 Represents shares sold to satisfy tax withholding obligations incident to the vesting of certain equity awards.
F2 This transaction was executed in multiple trades at prices ranging from $0.2115 USD to $0.2197 USD; the price reported above reflects the weighted average sale price.