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4//SEC Filing

Marchlik Michael 4

Accession 0001654954-20-009573

CIK 0001596961other

Filed

Aug 26, 8:00 PM ET

Accepted

Aug 27, 8:11 PM ET

Size

7.7 KB

Accession

0001654954-20-009573

Insider Transaction Report

Form 4
Period: 2020-08-25
Transactions
  • Award

    Restricted Stock Units

    2020-08-25+10,87010,870 total
    Class B Common Stock (10,870 underlying)
Holdings
  • Restricted Stock Units

    Class B Common Stock (1,750 underlying)
    1,750
Footnotes (6)
  • [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RumbleOn, Inc. ("RMBL") Class B Common Stock.
  • [F2]These RSUs were approved by the compensation committee of the board of directors of RMBL on July 15, 2020, subject to shareholder approval of the amendment to the RumbleOn, Inc. 2017 Stock Incentive Plan stock under which the RSUs were granted and ratification of this RSU award. RMBL shareholders approved the plan on August 25, 2020.
  • [F3]These RSUs vest in four equal quarterly installments beginning September 30, 2020, and are subject to prorata vesting if a director leaves the board of directors before the end of each quarterly vesting period.
  • [F4]These RSUs were granted on May 6, 2020.
  • [F5]These RSUs vest one year from the grant date, and are subject to prorata vesting if a director leaves the board before the one year period.
  • [F6]On May 20, 2020, RMBL executed a one-for-twenty reverse stock split of its issued and outstanding Class A Common Stock and Class B Common Stock (the "Reverse Stock Split") resulting in the appropriate reduction in the reporting person's ownership of RSUs. No fractional shares were issued as a result of the Reverse Stock Split. Any fractional shares that would have resulted from the Reverse Stock Split were rounded up to the nearest whole share.

Issuer

RumbleON, Inc.

CIK 0001596961

Entity typeother

Related Parties

1
  • filerCIK 0001812303

Filing Metadata

Form type
4
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 8:11 PM ET
Size
7.7 KB