Home/Filings/4/0001562180-25-002419
4//SEC Filing

Shortt Thomas H 4

Accession 0001562180-25-002419

CIK 0001580864other

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 9:07 PM ET

Size

16.4 KB

Accession

0001562180-25-002419

Insider Transaction Report

Form 4
Period: 2025-01-14
Shortt Thomas H
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock

    2025-03-12+287,949296,330 total
  • Award

    Warrants (Right to buy)

    2025-01-14$60.95/sh+214$13,043214 total
    Exercise: $60.95From: 2025-01-14Exp: 2030-01-14Common Stock (214 underlying)
  • Award

    Stock Options (Right to buy)

    2025-03-12$60.95/sh+129,700$7,905,215129,700 total
    Exercise: $60.95Exp: 2035-03-12Common Stock (129,700 underlying)
  • Award

    Stock Options (Right to buy)

    2025-03-12$45.70/sh+129,700$5,927,290129,700 total
    Exercise: $45.70Exp: 2035-03-12Common Stock (129,700 underlying)
Footnotes (4)
  • [F1]Represents an award of restricted stock units RSUs, fifty percent of which will vest on January 16, 2029, and fifty percent of which will vest January 17, 2029, in each case subject to the Reporting Person's continued service on such date. Each RSU represents a contingent right to receive one share of common stock of the Issuer.
  • [F2]The number of shares of common stock in this Form 4 reflect the automatic conversion of the prior common stock at a ratio of 1-for-5 in connection with the Issuer's emergence from bankruptcy on January 14, 2025, the Recapitalization.
  • [F3]The warrants were issued to stockholders of the Issuer in connection with the Recapitalization. Each Warrant was immediately exercisable upon issuance.
  • [F4]Twenty-five percent of the shares of common stock that are subject to the option will vest on March 12, 2026 and the remaining Seventy-five percent will vest in three equal installments on each January 14, 2027, January 14, 2028, and January 14, 2029, in each case subject to Reporting Person's continued service on such date.

Issuer

Vroom, Inc.

CIK 0001580864

Entity typeother

Related Parties

1
  • filerCIK 0001461101

Filing Metadata

Form type
4
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 9:07 PM ET
Size
16.4 KB