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RideNow Group, Inc. — Director's Dealing 2019
Feb 4, 2019
33803_dirs_2019-02-04_d8e2a3c5-1e3d-4168-aeef-a89e346c284d.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: 2019-01-31
Reporting Person: GRAY RICHARD A JR (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-01-31 | Class B Common Stock | M | 7000 | — | Acquired | 32000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-01-31 | Restricted Stock Units | $ | M | 7000 | Disposed | Class B Common Stock (7000) | Direct |
Footnotes
F1: Represents shares of RMBL Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs"). The RSUs vested, and were delivered on January 31, 2019.
F2: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F3: 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. The shares underlying the vested RSUs will be delivered to the Reporting Person on an annual basis during the thirteenth month following the grant date.
F4: These RSUs were granted on December 12, 2017.