4//SEC Filing
PRUSCH ERIK 4
Accession 0001562180-24-001910
CIK 0001826018other
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 5:32 PM ET
Size
10.0 KB
Accession
0001562180-24-001910
Insider Transaction Report
Form 4
PRUSCH ERIK
Director
Transactions
- Disposition to Issuer
Class A Common Stock
2024-02-27$11.00/sh−54,855$603,405→ 0 total - Exercise/Conversion
Class A Common Stock
2024-02-27+54,855→ 54,855 total - Exercise/Conversion
Restricted Stock Units
2024-02-27−54,855→ 0 total→ Class A Common Stock (54,855 underlying)
Footnotes (3)
- [F1]Pursuant to the terms of the Rover Group, Inc. 2021 Equity Incentive Plan and Rover Group, Inc. Outside Director Compensation Policy, in the event of a "Change in Control" (as defined in the plan and includes the closing of the Merger (as defined below)), all outstanding restricted stock units ("RSUs") held by the reporting person vested immediately prior to the closing of the Merger and the reporting person is entitled to receive the $11.00 per share Merger consideration for such vested RSUs.
- [F2]RSUs convert into Rover Group, Inc. Class A common stock on a one-for-one basis.
- [F3]Pursuant to that certain Agreement and Plan of Merger, dated as of November 29, 2023, by and among Rover Group, Inc., Biscuit Parent, LLC ("Parent"), and Biscuit Merger Sub, LLC ("Merger Sub"), Merger Sub merged with and into Rover Group, Inc. (the "Merger"), with Rover Group, Inc. surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), each share of Rover Group, Inc.'s Class A common stock that was issued and outstanding immediately prior to the Effective Time was automatically cancelled and converted into the right to receive $11.00 per share in cash, without interest and subject to any applicable tax withholdings.
Documents
Issuer
ROVER GROUP, INC.
CIK 0001826018
Entity typeother
Related Parties
1- filerCIK 0001250789
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 5:32 PM ET
- Size
- 10.0 KB