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RideNow Group, Inc. — Director's Dealing 2023
Dec 8, 2023
33803_dirs_2023-12-07_79d258be-286f-448a-a8bd-99d30ef2112d.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: 2023-12-05
Reporting Person: Coulter William (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-05 | Class B Common Stock | M | 2827037 | $5.50 | Acquired | 5460667 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-05 | Subscription Rights (right to buy) | $5.50 | M | 2621405 | Disposed | 2023-12-05 | Class B Common Stock (2827037) | Direct |
Footnotes
F1: Represents the number of shares of Class B Common Stock of the issuer that William Coulter (the "Reporting Person") purchased in the issuer's rights offering pursuant to the exercise of his subscription rights. The closing of the rights offering and the issuance of the Class B Common Stock of the issuer is expected to be on or about December 8, 2023.
F2: The effective purchase price of the shares of Class B Common Stock of the issuer underlying the subscription rights issued in connection with the issuer's rights offering was $5.50 per share.
F3: Includes 1,233,498 shares of Class B Common Stock of the issuer held by The WRC 2021 Irrevocable Trust, for which Mr. Coulter serves as Trustee, and 63,136 shares of Class B Common Stock of the issuer held by WJC Properties, L.L.C., for which Mr. Coulter serves as Manager.
F4: Each subscription right issued to the Reporting Person is exercisable for 1.078444 shares of the Class B Common Stock of the issuer. The number of shares of Class B Common Stock of the issuer reported in Column 7 is rounded down to the nearest whole number. The subscription rights are only exercisable for whole shares of Class B Common Stock of the issuer.