4//SEC Filing
Dixon Denmar John 4
Accession 0001654954-21-001264
CIK 0001596961other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 9:35 PM ET
Size
13.7 KB
Accession
0001654954-21-001264
Insider Transaction Report
Form 4
RumbleON, Inc.RMBL
Dixon Denmar John
Director
Transactions
- Exercise/Conversion
Class B Common Stock
2021-02-03+8,153→ 31,930 total - Exercise/Conversion
Restricted Stock Units
2021-02-03−8,153→ 0 total→ Class B Common Stock (8,153 underlying)
Holdings
- 75(indirect: see footnote)
Class B Common Stock
- 638(indirect: see footnote)
Class B Common Stock
- 4,928
Restricted Stock Units
→ Class B Common Stock (4,928 underlying) - 2,125
Restricted Stock Units
→ Class B Common Stock (2,125 underlying) - 62,642(indirect: see footnote)
Class B Common Stock
Footnotes (12)
- [F1]Represents shares of RumbleOn, Inc. ("RMBL") Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs").
- [F10]These RSUs vest in 12 equal monthly installments at the end of each month beginning January 31, 2021 and will be delivered on a quarterly basis beginning on March 31, 2021, and are subject to prorata vesting if a director leaves the Board of Directors before the end of each vesting period.
- [F11]These RSUs were granted on June 25, 2018.
- [F12]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 day 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.
- [F2]Includes 2,641 shares held in a joint account with the Reporting Person's spouse.
- [F3]Represents shares owned through Blue Flame Capital, LLC, an entity controlled by the Reporting Person.
- [F4]Represents shares owned by the Reporting Person's son.
- [F5]Represents shares owned by the Reporting Person's spouse.
- [F6]Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
- [F7]These RSUs were approved by the compensation committee (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.
- [F8]These RSUs were scheduled to vest in four equal quarterly installments beginning September 30, 2020, and were subject to prorata vesting if a director leaves the Board of Directors before the end of each quarterly vesting period. The Compensation Committee approved the accelerated vesting of these RSUs, and these RSUs vested on February 3, 2021.
- [F9]These RSUs were granted on January 5, 2021.
Documents
Issuer
RumbleON, Inc.
CIK 0001596961
Entity typeother
Related Parties
1- filerCIK 0001461836
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 9:35 PM ET
- Size
- 13.7 KB