4//SEC Filing
Chesrown Marshall 4
Accession 0001654954-19-007521
CIK 0001596961other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 7:41 PM ET
Size
7.7 KB
Accession
0001654954-19-007521
Insider Transaction Report
Form 4
RumbleON, Inc.RMBL
Chesrown Marshall
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Class B Common Stock
2019-06-19$4.17/sh+3,000$12,510→ 1,759,000 total
Holdings
- 400,000
Restricted Stock Units
→ Class B Common Stock (400,000 underlying) - 875,000
Class A Common Stock
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.1698 - $4.17. The reporting person undertakes to provide to RumbleOn, Inc., any security holder of RumbleOn, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above.
- [F2]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RMBL Class B Common Stock.
- [F3]These RSUs were granted on June 3, 2019.
- [F4]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.
Documents
Issuer
RumbleON, Inc.
CIK 0001596961
Entity typeother
Related Parties
1- filerCIK 0001688766
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 7:41 PM ET
- Size
- 7.7 KB