Sec Form 4 Filing - Nebula Caravel Holdings LLC @ ROVER GROUP, INC. - 2021-07-30

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Nebula Caravel Holdings LLC
2. Issuer Name and Ticker or Trading Symbol
ROVER GROUP, INC. [ ROVR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
FOUR EMBARCADERO CENTER,, SUITE 2100
3. Date of Earliest Transaction (MM/DD/YY)
07/30/2021
(Street)
SAN FRANCISCO, CA94111
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/30/2021 C( 1 ) 5,799,126 A 5,799,126 I See footnote ( 2 )
Class A Common Stock 07/30/2021 A 8,000,000 A $ 10 13,799,126 I See footnote ( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 1 ) 07/30/2021 D( 1 ) 975,874 ( 1 ) ( 1 ) Class A Common Stock 975,874 $ 0 5,799,126 I See Footnote ( 2 )
Class B Common Stock ( 1 ) 07/30/2021 C( 1 ) 5,799,126 ( 1 ) ( 1 ) Class A Common Stock 5,799,126 $ 0 0 I See Footnote ( 2 )
Private Placement Warrants $ 11.5 07/30/2021 A( 3 ) 2,574,164 12/11/2021( 3 ) 07/30/2026 Class A Common Stock 2,574,164 $ 1.5 2,574,164 I See Footnote ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Nebula Caravel Holdings LLC
FOUR EMBARCADERO CENTER,
SUITE 2100
SAN FRANCISCO, CA94111
X X
True Wind Capital II, L.P.
C/O NEBULA CARAVEL ACQUISITION CORP.
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X X
True Wind Capital II-A, L.P.
C/O NEBULA CARAVEL ACQUISITION CORP.
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X X
True Wind Capital GP II, LLC
C/O NEBULA CARAVEL ACQUISITION CORP.
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X X
CLAMMER ADAM
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X X
GREENE JAMES H JR
FOUR EMBARCADERO CENTER, SUITE 2100
SAN FRANCISCO, CA94111
X X
Signatures
/s/ Adam H. Clammer, as managing member ("MM") of True Wind Capital GP II, LLC, the general partner of True Wind Capital II, L.P. and True Wind Capital II-A, L.P., MMs of Nebula Caravel Holdings, LLC 08/03/2021
Signature of Reporting Person Date
/s/ Adam H. Clammer, as MM of True Wind Capital GP II, LLC, the general partner of True Wind Capital II, L.P. 08/03/2021
Signature of Reporting Person Date
/s/ Adam H. Clammer, as MM of True Wind Capital GP II, LLC, the general partner of True Wind Capital II-A, L.P. 08/03/2021
Signature of Reporting Person Date
/s/ Adam H. Clammer, as MM of True Wind Capital GP II, LLC 08/03/2021
Signature of Reporting Person Date
/s/ Adam H. Clammer 08/03/2021
Signature of Reporting Person Date
/s/ James H. Greene, Jr. 08/03/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On July 30, 2021, Nebula Caravel Acquisition Corp. consummated its business combination (the "Business Combination") with A Place for Rover, Inc.. Following consummation of the Business Combination, the issuer changed its legal name to Rover Group, Inc.(the "Issuer"). In connection with the consummation of the Business Combination, Nebula Caravel Holdings, LLC forfeited 975,874 shares of Class B common stock and the remaining shares of Class B common stock held by Nebula Caravel Holdings, LLC automatically converted into shares of Class A common stock on a one-for-one basis.
( 2 )Nebula Caravel Holdings, LLC is the record holder of the securities reported herein. True Wind Capital II, L.P. and True Wind Capital II-A, L.P. (collectively, "True Wind Capital II") are the managing members of Nebula Caravel Holdings, LLC. Mr. Greene and Mr. Clammer are the managing members of True Wind Capital GP II, LLC, the General Partner of True Wind Capital II. As such, they may be deemed to have or share beneficial ownership of the securities held directly by Nebula Caravel Holdings, LLC. Each such person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
( 3 )Represents Private Placement Warrants acquired from the Issuer in connection with the Issuer's initial public offering, not including 2,592,503 warrants forfeited to the Issuer in connection with the Business Combination. Each warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The warrants may be exercised commencing on the later of 12 months from the closing of the Issuer's initial public offering and 30 days after the completion of the Issuer's initial business and expire five years after consummation of the Business Combination or earlier upon redemption or liquidation.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.