Filing Details
- Accession Number:
- 0001562180-23-008141
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-12-05 18:24:43
- Reporting Period:
- 2023-12-01
- Accepted Time:
- 2023-12-05 18:24:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1854470 | R. Brenton Turner | C/O Rover Group, Inc. 720 Olive Way, 19Th Floor Seattle WA 98101 | President & Coo | 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 | 109,510 | $0.00 | 1,150,248 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2023-12-01 | 43,094 | $10.89 | 1,107,154 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2023-12-04 | 30,000 | $10.90 | 1,077,154 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2023-12-05 | 30,000 | $10.91 | 1,047,154 | 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 |
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 | 109,510 | $0.00 | 109,510 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,186,125 | No | 4 | M | Direct |
Footnotes
- Restricted stock units ("RSUs") convert into Rover Group, Inc. Class A common stock on a one-for-one basis.
- 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.
- The reported sale occurred automatically pursuant to a Rule 10b5-1(c) trading plan adopted by the reporting person on December 15, 2022.
- 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 $10.93, 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.
- 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.
- The reporting person was granted 200,000 RSUs on November 2, 2021, 549,987 RSUs on March 3, 2022, and 1,002,167 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.
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