Nicholas Yu - May 19, 2023 Form 4 Insider Report for Wag! Group Co. (PET)

Signature
/s/ Nicholas Yu
Stock symbol
PET
Transactions as of
May 19, 2023
Transactions value $
-$30,476
Form type
4
Date filed
5/24/2023, 07:59 PM
Previous filing
Mar 21, 2023
Next filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PET Common Stock Sale -$30.5K -14.9K -9.06% $2.04 150K May 19, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs"). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
F2 The reporting person's sale of common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 5,000 shares, with the reporting person's purchase of 5,000 shares of common stock at prices ranging from $1.98 to $2.00 per share on March 17, 2023. The reporting person has paid to the Issuer $250.00, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
F3 The price in column 4 represents a weighted average sale price. The shares were sold on 5/19/2023, 5/22/2023 and 5/23/2023 at a price between $1.85 and $2.34. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.