Filing Details

Accession Number:
0001654954-18-011782
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-10-31 16:09:08
Reporting Period:
2018-10-08
Accepted Time:
2018-10-31 16:09:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596961 Rumbleon Inc. RMBL Services-Computer Programming Services (7371) 463951329
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1659413 E Joseph Reece C/O Rumbleon, Inc.
4521 Sharon Road, Suite 370
Charlotte NC 28211
No No No No
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 2018-10-30 10,000 $8.10 10,000 No 4 A Direct
Class B Common Stock Acquisiton 2018-10-30 20,000 $5.50 30,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Restricted Stock Units Acquisiton 2018-10-08 15,115 $0.00 15,115 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,115 No 4 A Direct
Footnotes
  1. These purchases were made by the Reporting Person in a private (PIPE) transaction with the Issuer, which transaction was approved by the Issuer's board of directors in accordance with Rule 16b-3(d)(1).
  2. Represents the weighted average purchase price of the shares purchased ranging from a low of $5.23 to a high of $5.45 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 in this footnote.
  3. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RMBL Class B Common Stock.
  4. 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. The shares underlying the vested RSUs will be delivered to the Reporting Person on an annual basis during the thirteenth months following the grant date.