4//SEC Filing
Kakarala Kartik 4
Accession 0001654954-19-009788
CIK 0001596961other
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 9:33 PM ET
Size
9.9 KB
Accession
0001654954-19-009788
Insider Transaction Report
Form 4
RumbleON, Inc.RMBL
Kakarala Kartik
Director10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2019-08-15−7,000→ 28,000 total→ Class B Common Stock (7,000 underlying) - Exercise/Conversion
Class B Common Stock
2019-08-15+7,000→ 7,000 total
Holdings
- 1,523,809(indirect: By LLC)
Class B Common Stock
- 35,000
Restricted Stock Units
→ Class B Common Stock (35,000 underlying)
Footnotes (7)
- [F1]Represents shares of RMBL Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs"). The shares of common stock were delivered on August 15, 2019.
- [F2]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.
- [F3]Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
- [F4]These RSUs were granted on June 25, 2018.
- [F5]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.
- [F6]These RSUs were granted on June 3, 2019.
- [F7]The RSUs vest one year from the grant date, and are subject to prorata vesting if a director leaves the Board of Directors before the one year period.
Documents
Issuer
RumbleON, Inc.
CIK 0001596961
Entity typeother
Related Parties
1- filerCIK 0001698392
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 9:33 PM ET
- Size
- 9.9 KB