Pavlovski Christopher 4
4 · Rumble Inc. · Filed Feb 11, 2025
Insider Transaction Report
Form 4
Rumble Inc.RUM
Pavlovski Christopher
DirectorChief Executive Officer10% Owner
Transactions
- Conversion
Class A Common Stock, par value $0.0001 per share
2025-02-07+9,636,434→ 9,636,434 total(indirect: See footnote) - Other
Class C Common Stock, par value $0.0001 per share
2025-02-07−9,636,434→ 95,045,969 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2025-02-07$7.50/sh−9,636,434$72,273,255→ 0 total(indirect: See footnote) - Sale
Class A Common Stock, par value $0.0001 per share
2025-02-07$7.50/sh−354,849$2,661,368→ 522,927 total - Other
Class D Common Stock, par value $0.0001 per share
2025-02-07−9,991,283→ 95,791,120 total - Conversion
Exchangeable Shares
2025-02-07−9,636,434→ 95,045,969 total(indirect: See footnote)Exercise: $0.00→ Class A Common Stock, par value $0.0001 per share (9,636,434 underlying)
Footnotes (7)
- [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]Includes 34,858,165 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.).
- [F4]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 (the "Tender Offer").
- [F5]1000748380 Ontario Ltd. ("Ontario") is the record holder of the shares. Ontario is wholly owned by Christopher Pavlovski and therefore, Mr. Pavlovski has voting and dispositive power over such shares and may be deemed to beneficially own such shares.
- [F6]In connection with the sale by the Reporting Person of shares of Class A Common Stock in the Tender Offer, an equivalent number of voting, non-economic shares of Class D Common Stock of the Issuer held by the Reporting Person were cancelled by the Issuer.
- [F7]Consists of Exchangeable Shares issued by ExchangeCo. Includes 34,858,165 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.