4//SEC Filing
Kakarala Kartik 4
Accession 0001654954-18-007326
CIK 0001596961other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 5:09 PM ET
Size
7.0 KB
Accession
0001654954-18-007326
Insider Transaction Report
Form 4
RumbleON, Inc.RMBL
Kakarala Kartik
Director10% Owner
Transactions
- Award
Restricted Stock Units
2018-06-25+35,000→ 35,000 total→ Class B Common Stock (35,000 underlying)
Holdings
- 1,523,809(indirect: By LLC)
Class B Common Stock
Footnotes (3)
- [F1]Shares are owned indirectly through Halcyon Consulting, LLC, a limited liability company owned by Kartik Kakarala and his brother, Srinivas Kakarala. Kartik Kakarala has shared power to vote and shared power to dispose of such shares of common stock with his brother. As of May 15, 2018, Mr. Kakarala had voting power representing approximately 6.9% of our outstanding common stock on a fully diluted basis.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RMBL Class B Common Stock.
- [F3]The RSUs vest (1) 20% on the last day of the thirteenth month following the grant date, (2) 2.5% monthly on the last day of each month beginning on the last day of the fourteenth month following the grant date through the last of the twenty-fifth month following the grant date and (3) 4.17% monthly on the last day of each month beginning on the last day of the twenty-sixth month following the grant date through the last day of the thirty-seventh month following the grant date. The shares underlying the vested RSUs will be delivered to the Reporting Person on an annual basis during the thirteenth month following the grant date.
Documents
Issuer
RumbleON, Inc.
CIK 0001596961
Entity typeother
Related Parties
1- filerCIK 0001698392
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 5:09 PM ET
- Size
- 7.0 KB