Filing Details

Accession Number:
0001562180-23-008140
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-05 18:23:54
Reporting Period:
2023-12-01
Accepted Time:
2023-12-05 18:23:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1826018 Rover Group Inc. ROVR Services-Personal Services (7200) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1853482 Aaron Easterly C/O Rover Group, Inc.
720 Olive Way, 19Th Floor
Seattle WA 98101
Chief Executive Officer No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-12-01 163,215 $0.00 4,130,031 No 4 M Direct
Class A Common Stock Disposition 2023-12-01 64,227 $10.89 4,065,804 No 4 F Direct
Class A Common Stock Disposition 2023-12-01 100,000 $10.94 3,965,804 No 4 S Direct
Class A Common Stock Disposition 2023-12-04 100,000 $10.90 3,865,804 No 4 S Direct
Class A Common Stock Disposition 2023-12-05 100,000 $10.91 3,765,804 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units Disposition 2023-12-01 163,215 $0.00 163,215 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,718,936 No 4 M Direct
Footnotes
  1. Restricted stock units ("RSUs") convert into Rover Group, Inc. Class A common stock on a one-for-one basis.
  2. This transaction relates to the withholding of RSUs solely to satisfy any income, employment or tax withholding and remittance obligations in connection with the vesting and settlement of RSUs held by the reporting person.
  3. The reported sale occurred automatically pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on June 7, 2023.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.92 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.88 to $10.94, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.89 to $10.92, 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.
  7. The reporting person was granted 448,300 RSUs on November 2, 2021, 714,846 RSUs on March 3, 2022, and 1,448,291 RSUs on March 13, 2023. On December 1, 2023, 1/16th of each of these RSU grants vested. For each of these RSU grants, 1/16th of the RSUs shall vest on the first of the month every March, June, September and December until fully vested and subject to continued service through each vesting date. Vested RSUs that meet all settlement requirements will be settled as soon as practicable after vesting, but no later than 60 days after vesting.