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RideNow Group, Inc. — Director's Dealing 2020
May 5, 2020
33803_dirs_2020-05-04_ed25a98c-e1a4-4f7b-a180-dfe89d202abe.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: 2020-04-30
Reporting Person: WESTFALL KEVIN P (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-04-30 | Class B Common Stock | M | 17500 | — | Acquired | 52388 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-04-30 | Restricted Stock Units | $ | M | 17500 | Disposed | Class B Common Stock (17500) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Class B Common Stock (28000) | 28000 | Direct | |
| Restricted Stock Units | $ | Class B Common Stock (35000) | 35000 | 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 April 30, 2020.
F2: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F3: These RSUs were granted on March 31, 2017.
F4: 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.
F5: These RSUs were granted on June 25, 2018.
F6: These RSUs were granted on June 3, 2019.
F7: 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.