4//SEC Filing
Krakowiak Robert R. 4
Accession 0001562180-22-004367
CIK 0001580864other
Filed
May 23, 8:00 PM ET
Accepted
May 24, 4:16 PM ET
Size
8.0 KB
Accession
0001562180-22-004367
Insider Transaction Report
Form 4
Vroom, Inc.VRM
Krakowiak Robert R.
Director
Transactions
- Award
Common Stock
2022-05-20+500,000→ 581,559 total - Award
Stock Option
2022-05-20+300,000→ 300,000 totalExercise: $7.50Exp: 2032-05-20→ Common Stock (300,000 underlying)
Footnotes (2)
- [F1]Represents an award of restricted stock units that vest on May 20, 2025, subject to the Reporting Person's continued employment through such date. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer. One third of the restricted stock units are subject to accelerated vesting if the Issuer's closing price for its common stock is at or above $7.50 per share for twenty consecutive trading days during the three-year vesting period; a further third of the restricted stock units are subject to accelerated vesting if the Issuer's closing price for its common stock is at or above $15.00 per share for twenty consecutive trading days in the second or third years of the vesting period; and the last third of the restricted stock units are subject to accelerated vesting if the Issuer's closing price for its common stock is at or above $21.00 per share for twenty consecutive trading days during the third year of the vesting period.
- [F2]The option will vest and become exercisable in three equal annual installments beginning on May 20, 2023.
Documents
Issuer
Vroom, Inc.
CIK 0001580864
Entity typeother
Related Parties
1- filerCIK 0001683084
Filing Metadata
- Form type
- 4
- Filed
- May 23, 8:00 PM ET
- Accepted
- May 24, 4:16 PM ET
- Size
- 8.0 KB