FLANIGAN MELVIN 4
4 · RumbleOn, Inc. · Filed Dec 7, 2023
Insider Transaction Report
Form 4
RumbleOn, Inc.RMBL
FLANIGAN MELVIN
Director
Transactions
- Exercise/Conversion
Subscription Rights (right to buy)
2023-12-05−21,074→ 0 totalExercise: $5.50From: 2023-11-13Exp: 2023-12-05→ Class B Common Stock (22,727 underlying) - Exercise/Conversion
Class B Common Stock
2023-12-05$5.50/sh+22,727$124,999→ 35,368 total
Footnotes (3)
- [F1]Represents the number of shares of Class B Common Stock that the Reporting Person purchased in the Issuer's rights offering pursuant to the subscription rights. The closing of the rights offering and the issuance of the Class B Common Stock is expected to be on or about December 8, 2023.
- [F2]The effective purchase price of the shares of Class B Common Stock underlying the subscription rights issued in connection with the Issuer's rights offering was $5.50 per share.
- [F3]Each subscription right issued to the Reporting Person is exercisable for 1.078444 shares of the Issuer's Class B Common Stock. The number of shares of Class B Common Stock reported in Column 7 is rounded down to the nearest whole number. The subscription rights are only exercisable for whole shares of Class B Common Stock. The rights offering also included an over-subscription right, which entitled eligible stockholders who fully exercised their basic subscription right the right to purchase additional shares of Class B Common Stock that remained unsubscribed at the expiration time of the rights offering at a price of $5.50 per share, subject to allocation. Includes approximately 18,983 shares issued pursuant to the over-subscription right in connection with the rights offering.