William Coulter - 08 Dec 2023 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role
Director, 10%+ Owner
Signature
/s/ William Coulter
Issuer symbol
RMBL
Transactions as of
08 Dec 2023
Net transactions value
+$4,734,521
Form type
4
Filing time
12 Dec 2023, 21:30:41 UTC
Previous filing
07 Dec 2023
Next filing
13 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Purchase $4,734,521 +860,822 +16% $5.50 6,321,489 08 Dec 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 William Coulter (the "Reporting Person") purchased 860,822 shares of Class B Common Stock of the issuer pursuant to a backstop private placement of the issuer, whereby the Reporting Person, as previously agreed to, purchased a pro rata portion of shares of Class B Common Stock of the issuer that remained unsubscribed following the expiration of the issuer's rights offering.
F2 The Reporting Person purchased the shares of Class B Common Stock of the issuer at an exercise price of $5.50 per share.
F3 Includes 1,233,498 shares of Class B Common Stock of the issuer held by The WRC 2021 Irrevocable Trust, for which the Reporting Person serves as Trustee, and 63,136 shares of Class B Common Stock of the issuer held by WJC Properties, L.L.C., for which the Reporting Person serves as Manager.