Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RideNow Group, Inc. Director's Dealing 2019

Jun 6, 2019

33803_dirs_2019-06-05_dc316357-0bb0-47d6-b20b-4bcd9a5d1ea5.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RumbleON, Inc. (RMBL)
CIK: 0001596961
Period of Report: 2019-06-03

Reporting Person: Dixon Denmar John (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-06-03 Class B Common Stock M 10500 Acquired 162689 Direct
2019-06-04 Class B Common Stock P 7811 $4.20 Acquired 170500 Direct
2019-06-04 Class B Common Stock P 5000 $4.23 Acquired 12750 Indirect
2019-06-04 Class B Common Stock P 295 $4.15 Acquired 1000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-06-03 Restricted Stock Units $ A 35000 Acquired Class B Common Stock (35000) Direct
2019-06-03 Restricted Stock Units $ M 10500 Disposed Class B Common Stock (28000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class B Common Stock 1052829 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class B Common Stock (85000) 85000 Direct

Footnotes

F1: Represents shares of RMBL Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs"). The shares of common stock were delivered on June 3, 2019.

F2: Includes 50,000 shares held in a joint account with the Reporting Person's spouse.

F3: Represents the weighted average purchase price of the shares purchased ranging from a low of $4.16 to a high of $4.23 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.

F4: Includes 52,811 shares held in a joint account with the Reporting Person's spouse.

F5: Represents shares owned by the Reporting Person's spouse.

F6: Represents shares owned by the Reporting Person's son.

F7: Represents shares owned through Blue Flame Capital, LLC, an entity controlled by the Reporting Person.

F8: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.

F9: The RSUs vest one year from the grant date, and are subject to prorata vesting if a director leaves the Board of Directors before the one year period.

F10: These RSUs were granted on March 31, 2017.

F11: 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.

F12: These RSUs were granted on June 25, 2018.