Adam Storm - 26 Jan 2024 Form 4 Insider Report for Wag! Group Co. (PET)

Signature
/s/ Adam Storm
Issuer symbol
PET
Transactions as of
26 Jan 2024
Net transactions value
-$174
Form type
4
Filing time
30 Jan 2024, 16:37:23 UTC
Previous filing
26 Jan 2024
Next filing
31 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PET Common Stock Options Exercise $8.19 +91 +0.01% $0.0900 856,007 26 Jan 2024 Direct F1
transaction PET Common Stock Sale $182 -91 -0.01% $2.00 855,916 26 Jan 2024 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 PET Options to purchase shares of Wag! Group Co. common stock Options Exercise $0 -91 -0.01% $0.000000 1,243,690 26 Jan 2024 Common Stock 91 $0.0900 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 The stock option exercise and sale 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 options to purchase shares of Wag! Group Co. common stock fully vested on January 13, 2024.