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RideNow Group, Inc. — Director's Dealing 2018
May 16, 2018
33803_dirs_2018-05-15_1d70323f-7e09-4a61-b419-2ca1e79006cf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RumbleON, Inc. (RMBL)
CIK: 0001596961
Period of Report: 2018-04-30
Reporting Person: WESTFALL KEVIN P (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-30 | Class B Common Stock | M | 7000 | — | Acquired | 19500 | Direct |
| 2018-05-14 | Class B Common Stock | S | 2112 | $4.81 | Disposed | 17388 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-30 | Restricted Stock Units | $ | M | 7000 | Disposed | Class B Common Stock (35000) | Direct |
Footnotes
F1: Represents shares of RMBL Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs"). The RSUs vested on April 30, 2018 and the shares of common stock were delivered on May 8, 2018.
F2: These shares were sold by the reporting person to cover the tax liability associated with the vesting of the RSUs.
F3: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F4: The RSUs vest (1) 20% on the last day of the thirteenth month following the grant date, (2) 2.5% monthly on the last day of each month beginning on the last day of the fourteenth month following the grant date through the last of the twenty-fifth month following the grant date and (3) 4.17% monthly on the last day of each month beginning on the last day of the twenty-sixth month following the grant date through the last day of the thirty-seventh month following the grant date.