Garrett Smallwood - Feb 14, 2024 Form 4 Insider Report for Wag! Group Co. (PET)

Role
Chief Executive Officer, Director
Signature
/s/ Garrett Smallwood
Stock symbol
PET
Transactions as of
Feb 14, 2024
Transactions value $
-$126,221
Form type
4
Date filed
2/16/2024, 06:35 PM
Previous filing
Feb 14, 2024
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PET Common Stock Options Exercise $1.16K +12.9K +1.27% $0.09 1.03M Feb 14, 2024 Direct F1
transaction PET Common Stock Sale -$26.2K -12.9K -1.26% $2.03 1.01M Feb 14, 2024 Direct F1, F2
transaction PET Common Stock Options Exercise $4.33K +48.2K +4.75% $0.09 1.06M Feb 15, 2024 Direct F1
transaction PET Common Stock Sale -$105K -48.2K -4.53% $2.19 1.01M Feb 15, 2024 Direct F1, F3

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 -12.9K -1.07% $0.00 1.2M Feb 14, 2024 Common Stock 12.9K $0.09 Direct F1, F4
transaction PET Options to purchase shares of Wag! Group Co. common stock Options Exercise $0 -48.2K -4.01% $0.00 1.15M Feb 15, 2024 Common Stock 48.2K $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 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 price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.00 to $2.12. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
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 $2.28. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and 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.