4//SEC Filing
Sacks David O 4
Accession 0001062993-24-008173
CIK 0001830081other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 7:41 PM ET
Size
26.4 KB
Accession
0001062993-24-008173
Insider Transaction Report
Form 4
Rumble Inc.RUM
Sacks David O
Director
Transactions
- Sale
Class A Common Stock, par value $0.0001 per share
2024-04-04$6.71/sh−42,025$282,055→ 204,473 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-08$6.45/sh−30,284$195,420→ 87,484 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-04$6.71/sh−141,981$952,920→ 661,756 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-04$6.71/sh−1,806$12,121→ 8,418 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-05$6.46/sh−3,726$24,051→ 4,692 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-08$6.45/sh−1,302$8,402→ 3,390 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-05$6.46/sh−292,931$1,890,870→ 368,825 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-05$6.46/sh−86,705$559,681→ 117,768 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2024-04-08$6.45/sh−102,310$660,196→ 266,515 total(indirect: See footnote)
Holdings
- 552,106
Class A Common Stock, par value $0.0001 per share
- 25,189(indirect: See footnote)
Class A Common Stock, par value $0.0001 per share
- 99,810(indirect: See footnote)
Class A Common Stock, par value $0.0001 per share
Footnotes (14)
- [F1]These sales were effected by Craft Ventures II, L.P. ("Craft Ventures II"), Craft Ventures Affiliates II, L.P. ("Craft Affiliates") and Craft Ventures III, L.P. ("Craft Ventures III") pursuant to Rule 10b5-1 trading plans adopted on December 15, 2023.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.215 to $6.58, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F11]Includes (i) 517,576 shares of Class A Common Stock that are issuable upon achievement of specified milestones pursuant to the CallIn Merger Agreement and (ii) 34,530 shares of Class A Common Stock underlying restricted stock units of the Issuer vesting on June 14, 2024.
- [F12]All such shares of Class A Common Stock are issuable upon achievement of specified milestones pursuant to the CallIn Merger Agreement.
- [F13]Represents shares held directly by Craft Ventures Partners III, LLC ("Craft Partners III"). Mr. Sacks is the sole member of Craft Partners III. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F14]Includes 33,270 shares of Class A Common Stock held by each of the Sacks Family 2021 Irrevocable Trust fbo Leighton Natalee Sacks, the Sacks Family 2021 Irrevocable Trust fbo Reagan Nicolette Sacks and Sacks Family 2021 Irrevocable Trust fbo Xavier Xander Sacks. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.65 to $6.86, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]Includes 264,853 shares of Class A Common Stock subject to the vesting and forfeiture requirements specified in the Business Combination Agreement, dated as of December 1, 2021, by and between CF Acquisition Corp. VI (n/k/a Rumble Inc.) and Rumble Inc. (n/k/a Rumble Canada Inc.) (the "Business Combination Agreement").
- [F4]Represents shares held directly by Craft Ventures II. Craft Ventures GP II, LP ("Craft GP II") is the general partner of Craft GP II, and Mr. Sacks is a managing member of Craft GP II. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F5]Includes 3,369 shares of Class A Common Stock subject to the vesting and forfeiture requirements specified in the Business Combination Agreement.
- [F6]Represents shares held directly by Craft Affiliates. Craft GP II is the general partner of Craft Affiliates. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F7]Includes 86,434 shares of Class A Common Stock that are issuable upon achievement of specified milestones pursuant to that certain Agreement and Plan of Merger, dated May 15, 2023, by and among Rumble, Inc., CallIn Corp. and certain other parties (the "CallIn Merger Agreement").
- [F8]Represents shares held directly by Craft Ventures III. Craft Ventures GP III, LP ("Craft GP III") is the general partner of Craft Ventures III and Mr. Sacks is a managing member of Craft GP III. Mr. Sacks disclaims beneficial ownership of these securities for purposes of Section 16 of the Exchange Act except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is a beneficial owner of such securities for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.30 to $6.61, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Issuer
Rumble Inc.
CIK 0001830081
Entity typeother
Related Parties
1- filerCIK 0001891801
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 7:41 PM ET
- Size
- 26.4 KB