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RideNow Group, Inc. — Director's Dealing 2020
Aug 28, 2020
33803_dirs_2020-08-27_4e5984f8-0ecd-4359-8c61-10cd8a6c9d64.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: 2020-08-25
Reporting Person: Dixon Denmar John (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-25 | Restricted Stock Units | $ | A | 16305 | Acquired | Class B Common Stock (16305) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock | 15625 | Direct |
| Class B Common Stock | 62642 | Indirect |
| Class B Common Stock | 75 | Indirect |
| Class B Common Stock | 638 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class B Common Stock (2125) | 2125 | Direct |
Footnotes
F1: Includes 2,641 shares held in a joint account with the Reporting Person's spouse.
F2: Represents shares owned through Blue Flame Capital, LLC, an entity controlled by the Reporting Person.
F3: Represents shares owned by the Reporting Person's son.
F4: Represents shares owned by the Reporting Person's spouse.
F5: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F6: These RSUs were approved by the compensation committee of the board of directors of RMBL on July 15, 2020, subject to shareholder approval of the amendment to the RumbleOn, Inc. 2017 Stock Incentive Plan stock under which the RSUs were granted and ratification of this RSU award. RMBL shareholders approved the plan on August 25, 2020.
F7: These RSUs vest in four equal quarterly installments beginning September 30, 2020, and are subject to prorata vesting if a director leaves the Board of Directors before the end of each quarterly vesting period.
F8: These RSUs were granted on June 25, 2018.
F9: 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.