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(\"Caravel\"), Fetch Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Caravel, and A Place for\nRover, Inc., a Delaware corporation (\"Legacy Rover\")."},{"field":"kind","element":"transactionCoding","label":"F2","text":"Section 3.7 of the Business Combination Agreement provided that Legacy Rover stockholders would receive additional shares of Class A\nCommon Stock, for no additional consideration, if the volume weighted average price of Class A Common Stock over twenty trading days within any thirty trading day period during the Earnout Period (as defined in the Business Combination Agreement) was greater than or equal to (1) $12.00 and (2) $14.00. As Triggering Events I and II (as defined in the Business Combination Agreement) were satisfied as of September 29, 2021, Legacy Rover's former stockholders, including 2013 LP and Next LP, acquired additional shares of Class A Common Stock pursuant to the Business Combination Agreement."},{"field":"kind","element":"transactionCoding","label":"F3","text":"The number of shares issuable pursuant to the earn-out right was determined on September 29, 2021 pursuant to a formula set forth in the Business Combination Agreement. For each Triggering Event, Legacy Rover stockholders received Class A Common Stock at a ratio of 0.0731 shares of Class A Common Stock for each share of Legacy Rover stock held immediately prior to the merger. Each of 2013 LP and Next LP's right to receive additional shares became fixed and irrevocable on July 30, 2021, the effective date of the merger."},{"field":"price","element":"transactionPricePerShare","label":"F1","text":"On September 29, 2021, Foundry Venture Capital 2013, L.P. (\"2013 LP\") and\nFoundry Group Next, L.P. (\"Next LP\") became entitled to receive 1,636,135 and 869,402 shares, respectively, of Rover Group, Inc. Class A common stock, par value $0.0001 per share (\"Class A Common Stock\"), pursuant to an \"earn-out\" provision of the Business Combination Agreement, dated as of February 10, 2021 (the \"Business Combination Agreement\"), by and among Nebula Caravel Acquisition Corp. (n/k/a Rover Group, Inc.) (\"Caravel\"), Fetch Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Caravel, and A Place for\nRover, Inc., a Delaware corporation (\"Legacy Rover\")."},{"field":"price","element":"transactionPricePerShare","label":"F2","text":"Section 3.7 of the Business Combination Agreement provided that Legacy Rover stockholders would receive additional shares of Class A\nCommon Stock, for no additional consideration, if the volume weighted average price of Class A Common Stock over twenty trading days within any thirty trading day period during the Earnout Period (as defined in the Business Combination Agreement) was greater than or equal to (1) $12.00 and (2) $14.00. As Triggering Events I and II (as defined in the Business Combination Agreement) were satisfied as of September 29, 2021, Legacy Rover's former stockholders, including 2013 LP and Next LP, acquired additional shares of Class A Common Stock pursuant to the Business Combination Agreement."},{"field":"price","element":"transactionPricePerShare","label":"F3","text":"The number of shares issuable pursuant to the earn-out right was determined on September 29, 2021 pursuant to a formula set forth in the Business Combination Agreement. For each Triggering Event, Legacy Rover stockholders received Class A Common Stock at a ratio of 0.0731 shares of Class A Common Stock for each share of Legacy Rover stock held immediately prior to the merger. Each of 2013 LP and Next LP's right to receive additional shares became fixed and irrevocable on July 30, 2021, the effective date of the merger."},{"field":"ownership.nature","element":"natureOfOwnership","label":"F4","text":"Shares are held by 2013 LP. Foundry Venture 2013, LLC (\"2013 LLC\") is the general partner of 2013 LP and may be deemed to beneficially own the shares held by 2013 LP. Brad Feld, Ryan McIntyre and Seth Levine are managing members of 2013 LLC, and may be deemed to share voting and investment power over the shares held by 2013 LP. Each of 2013 LLC, and Messrs. Feld, McIntyre and Levine disclaims beneficial ownership in these shares except to the extent of his or its respective pecuniary interest therein."}],"balance_after":13229955,"source":{"system":"sec-edgar","filing":"0001209191-21-058631","document":"doc4.xml","document_sequence":1,"table":"nonDerivative","row_type":"transaction","position":1,"url":"https://www.sec.gov/Archives/edgar/data/1065270/000120919121058631/doc4.xml","form_type":"4"}}]}