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RideNow Group, Inc. — Director's Dealing 2020
Aug 5, 2020
33803_dirs_2020-08-04_9fd5eda9-478b-416d-ad40-e2e971e4e08b.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: 2020-06-04
Reporting Person: Levy Peter (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-04 | Class B Common Stock | M | 500 | — | Acquired | 4943 | Direct |
| 2020-07-31 | Class B Common Stock | M | 750 | — | Acquired | 5693 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-04 | Restricted Stock Units | $ | M | 500 | Disposed | Class B Common Stock (500) | Direct | |
| 2020-07-31 | Restricted Stock Units | $ | M | 750 | Disposed | Class B Common Stock (750) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class B Common Stock (2250) | 2250 | Direct |
Footnotes
F1: On May 20, 2020, RumbleOn, Inc. executed a one-for-twenty reverse stock split of its issued and outstanding Class A Common Stock and Class B Common Stock (the "Reverse Stock Split") resulting in the appropriate reduction in the reporting person's ownership of shares of Class B Common Stock and Restricted Stock Units ("RSUs"). No fractional shares were issued as a result of the Reverse Stock Split. Any fractional shares that would have resulted from the Reverse Stock Split were rounded up to the nearest whole share.
F2: Represents shares of RMBL Class B Common Stock received upon vesting of RSUs. The 500 shares of common stock were delivered on June 4, 2020. The 750 shares of common stock were delivered on July 31, 2020.
F3: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F4: These RSUs were granted on August 22, 2019.
F5: The RSUs vest (1) 20% on the last day of the ninth month following the grant date, (2) 7.5% every three months on the last day of each three month period beginning on the last day of the twelfth month following the grant date through the last of the twenty-first month following the grant date and (3) 12.5% every three months on the last day of each three month period beginning on the last day of the twenty-fourth month following the grant date through the last day of the thirty-first month following the grant date.
F6: These RSUs were granted on June 1, 2018.
F7: 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
F8: These RSUs were granted on November 20, 2017.