4//SEC Filing
Milnes Ryan 4
Accession 0001213900-23-091019
CIK 0001830081other
Filed
Nov 28, 7:00 PM ET
Accepted
Nov 29, 4:01 PM ET
Size
12.6 KB
Accession
0001213900-23-091019
Insider Transaction Report
Form 4
Rumble Inc.RUM
Milnes Ryan
Director
Transactions
- Other
Class C Common Stock, par value $0.0001 per share
2023-11-29−1,100,000→ 48,054,401 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2023-11-27$4.65/sh−1,100,000$5,115,990→ 36,491 total(indirect: See footnote) - Conversion
Class A Common Stock, par value $0.0001 per share
2023-11-29+1,100,000→ 1,136,491 total(indirect: See footnote) - Conversion
Exchangeable Shares
2023-11-29−1,100,000→ 48,054,401 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock, par value $0.0001 per share (1,100,000 underlying)
Footnotes (6)
- [F1]Represents 8,867 restricted stock units of the Issuer that previously vested and 27,624 restricted stock units of the Issuer vesting on June 14, 2024.
- [F2]2286404 Ontario Inc. ("Ontario") is the record holder of the shares. Ontario is wholly owned by Ryan Milnes and therefore, Mr. Milnes has voting and dispositive power over such shares and may be deemed to beneficially own such shares. The business address of Ontario is 2286404 Ontario Inc., PO Box 20112 Bayfield North, Barrie, Ontario, L4M6E9, Canada.
- [F3]Represents the exchange (on a 1-for-1 basis) by the Reporting Person of Exchangeable Shares issued by 1000045728 Ontario Inc. ("ExchangeCo"), a corporation formed under the laws of the Province of Ontario, Canada, and an indirect subsidiary of the Issuer, for shares of Class A Common Stock of the Issuer ("Class A Common Stock").
- [F4]In connection with the exchange, an equivalent number of voting, non-economic shares of Class C Common Stock of the Issuer ("Class C Common Stock") held by the Reporting Person were cancelled by the Issuer.
- [F5]Includes 16,560,185 shares of Class C Common Stock that are subject to the vesting and forfeiture requirements specified in the Business Combination Agreement, dated as of December 1, 2021 (the "BCA"), by and between the Issuer (f/k/a CF Acquisition Corp. VI) and Rumble Canada Inc. (f/k/a Rumble Inc.).
- [F6]Consists of Exchangeable Shares issued by ExchangeCo. Includes 16,560,185 Exchangeable Shares that are subject to the vesting and forfeiture requirements specified in the BCA. Each Exchangeable Share is exchangeable at the election of the holder thereof for one share of Class A Common Stock. The Exchangeable Shares are currently exercisable and have no expiration date.
Documents
Issuer
Rumble Inc.
CIK 0001830081
Entity typeother
Related Parties
1- filerCIK 0001947993
Filing Metadata
- Form type
- 4
- Filed
- Nov 28, 7:00 PM ET
- Accepted
- Nov 29, 4:01 PM ET
- Size
- 12.6 KB