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RideNow Group, Inc. — Director's Dealing 2023
Dec 7, 2023
33803_dirs_2023-12-07_6fc19863-4301-41dc-a284-34ad83f05120.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: POLAK REBECCA C. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-05 | Class B Common Stock | M | 41260 | $5.50 | Acquired | 55307 | 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 | 38259 | Disposed | 2023-12-05 | Class B Common Stock (41260) | Direct |
Footnotes
F1: Represents the number of shares of Class B Common Stock that the Reporting Person purchased in the Issuer's rights offering pursuant to the subscription rights. The closing of the rights offering and the issuance of the Class B Common Stock is expected to be on or about December 8, 2023.
F2: The effective purchase price of the shares of Class B Common Stock underlying the subscription rights issued in connection with the Issuer's rights offering was $5.50 per share.
F3: Each subscription right issued to the Reporting Person is exercisable for 1.078444 shares of the Issuer's Class B Common Stock. The number of shares of Class B Common Stock 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. The rights offering also included an over-subscription right, which entitled eligible stockholders who fully exercised their basic subscription right the right to purchase additional shares of Class B Common Stock that remained unsubscribed at the expiration time of the rights offering at a price of $5.50 per share, subject to allocation. Includes approximately 36,000 shares issued pursuant to the over-subscription right in connection with the rights offering.