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RideNow Group, Inc. — Director's Dealing 2020
Jun 11, 2020
33803_dirs_2020-06-10_35338af6-e911-4e4f-b317-0b006324f7b1.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: 2020-06-08
Reporting Person: Dixon Denmar John (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-06-08 | Class B Common Stock | M | 1750 | — | Acquired | 14350 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-06-08 | Restricted Stock Units | $ | M | 1750 | Disposed | Class B Common Stock (1750) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| 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 (3400) | 3400 | 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. 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 Restricted Stock Units ("RSUs"). These RSUs vested on June 3, 2020 and the shares of Class B Common Stock underlying the RSUs were delivered on June 8, 2020.
F3: Includes 2,641 shares held in a joint account with the Reporting Person's spouse.
F4: Represents shares owned through Blue Flame Capital, LLC, an entity controlled by the Reporting Person.
F5: Represents shares owned by the Reporting Person's son.
F6: Represents shares owned by the Reporting Person's spouse.
F7: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F8: These RSUs were granted on June 3, 2019.
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 June 25, 2018.
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.