Garrett Smallwood - Sep 13, 2023 Form 4 Insider Report for Wag! Group Co. (PET)

Role
Chief Executive Officer, Director
Signature
/s/ Garrett Smallwood
Stock symbol
PET
Transactions as of
Sep 13, 2023
Transactions value $
-$58,509
Form type
4
Date filed
9/14/2023, 09:32 PM
Previous filing
Aug 23, 2023
Next filing
Sep 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PET Common Stock Options Exercise $2.36K +26.3K +3.04% $0.09 891K Sep 13, 2023 Direct F1
transaction PET Common Stock Sale -$53K -26.3K -2.95% $2.02 864K Sep 13, 2023 Direct F2, F3
transaction PET Common Stock Options Exercise $369 +4.1K +0.47% $0.09 869K Sep 14, 2023 Direct F1
transaction PET Common Stock Sale -$8.2K -4.1K -0.47% $2.00 864K Sep 14, 2023 Direct 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 PET Options to purchase shares of Wag! Group Co. common stock Options Exercise $0 -26.3K -2.05% $0.00 1.26M Sep 13, 2023 Common Stock 26.3K $0.09 Direct F1, F4
transaction PET Options to purchase shares of Wag! Group Co. common stock Options Exercise $0 -4.1K -0.33% $0.00 1.25M Sep 14, 2023 Common Stock 4.1K $0.09 Direct F1, 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 stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2023.
F2 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 14, 2023.
F3 The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.00 to $2.04. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Security Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
F4 The options to purchase shares of Wag! Group Co. common stock fully vested on November 29, 2022.