4//SEC Filing
Ramolo Claudio 4
Accession 0001213900-25-012453
CIK 0001830081other
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 9:41 PM ET
Size
18.1 KB
Accession
0001213900-25-012453
Insider Transaction Report
Form 4
Rumble Inc.RUM
Ramolo Claudio
Chief Content Officer
Transactions
- Conversion
Class A Common Stock, par value $0.0001 per share
2025-02-07+1,457,085→ 1,457,085 total(indirect: See footnote) - Other
Class C Common Stock, par value $0.0001 per share
2025-02-07−1,457,085→ 716,135 total(indirect: See footnote) - Exercise/Conversion
Class A Common Stock, par value $0.0001 per share
2025-02-07$0.03/sh+4,812,646$144,379→ 4,826,929 total - Sale
Class A Common Stock, par value $0.0001 per share
2025-02-07$7.50/sh−1,457,085$10,928,138→ 0 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2025-02-07$7.50/sh−4,812,646$36,094,845→ 14,283 total - Conversion
Exchangeable Shares
2025-02-07−1,457,085→ 716,135 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock, par value $0.0001 per share (1,457,085 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2025-02-07−4,812,646→ 6,288,420 totalExercise: $0.03From: 2022-09-16Exp: 2040-09-01→ Class A Common Stock, par value $0.0001 per share (4,812,646 underlying)
Footnotes (6)
- [F1]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").
- [F2]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.
- [F3]Represents the sale of shares of Class A Common Stock to the Issuer in the Issuer's self tender offer that closed on February 7, 2025.
- [F4]1000748378 Ontario Inc. ("Ontario") is the record holder of the shares. Ontario is wholly owned by Claudio Ramolo and therefore, Mr. Ramolo has voting and dispositive power over such shares and may be deemed to beneficially own such shares.
- [F5]Consists of Exchangeable Shares issued by ExchangeCo. 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.
- [F6]Consists of Stock Options that the Reporting Person received in exchange for his outstanding options in Rumble Inc. (n/k/a Rumble Canada Inc.) ("Rumble Canada") pursuant to the terms of the Business Combination Agreement, dated as of December 1, 2021 (the "BCA"), by and between the Issuer and Rumble Canada. Includes 3,756,960 "earnout" Stock Options that are subject to the vesting and forfeiture requirements specified in the BCA.
Documents
Issuer
Rumble Inc.
CIK 0001830081
Entity typeother
Related Parties
1- filerCIK 0001947633
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 9:41 PM ET
- Size
- 18.1 KB