Chesrown Marshall 4
4 · RumbleON, Inc. · Filed Jun 5, 2019
Insider Transaction Report
Form 4
RumbleON, Inc.RMBL
Chesrown Marshall
DirectorChief Executive Officer10% Owner
Transactions
- Award
Restricted Stock Units
2019-06-03+400,000→ 400,000 total→ Class B Common Stock (400,000 underlying)
Holdings
- 875,000
Class A Common Stock
- 1,747,156
Class B Common Stock
Footnotes (2)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RMBL Class B Common Stock.
- [F2]The RSUs vest as follows: (i) 100,000 RSUs vest after two consecutive quarters of $1.00 or greater operating income and trailing four quarter revenue of $900 million at any time through September 30, 2020, (ii) 100,000 RSUs vest at such time as the shares of Class B Common Stock trade at a minimum closing price of $10.00 per share for 30 consecutive trading days at any time through September 30, 2020, and (iii) 200,000 RSUs vest at such time as the shares of Class B Common Stock trade at a minimum closing price of $15.00 per share for thirty consecutive trading days at any time through September 30, 2020.