- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2018-05-15 20:42:41
- Reporting Period:
- Accepted Time:
- 2018-05-15 20:42:41
- SEC Url:
- Form 4 Filing
|Cik||Name||Symbol||Sector (SIC)||IRS No|
|1596961||Rumbleon Inc.||RMBL||Services-Computer Programming Services (7371)||463951329|
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|1703396||Mitch Pierce||C/o Rumbleon, Inc. |
4521 Sharon Road, Suite 370
Charlotte NC 28211
Reported Non-Derivative Transactions
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Class B Common Stock||Acquisiton||2018-04-30||7,000||$0.00||7,000||No||4||M||Direct|
|Class B Common Stock||Disposition||2018-05-14||2,204||$4.81||4,796||No||4||S||Direct|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
Reported Derivative Transactions
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Class B Common Stock||Restricted Stock Units||Disposition||2018-04-30||7,000||$0.00||35,000||$0.00|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
Reported Non-Derivative Holdings
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
|Class B Common Stock||37,500||Indirect||Pierce Family Trust|
- Represents shares of RMBL Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs"). The RSUs vested on April 30, 2018 and the shares of common stock were delivered on May 8, 2018.
- These shares were sold by the reporting person to cover the tax liability associated with the vesting of the RSUs.
- Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
- 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.