Mark Tkach - Dec 5, 2023 Form 4/A - Amendment Insider Report for RumbleOn, Inc. (RMBL)

Role
10%+ Owner
Signature
/s/ Mark Tkach
Stock symbol
RMBL
Transactions as of
Dec 5, 2023
Transactions value $
$15,727,751
Form type
4/A - Amendment
Date filed
12/12/2023, 09:34 PM
Date Of Original Report
Dec 7, 2023
Previous filing
Sep 5, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Options Exercise $15.7M +2.86M +106.62% $5.50 5.54M Dec 5, 2023 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RMBL Subscription Rights (right to buy) Options Exercise $0 -2.65M -100% $0.00* 0 Dec 5, 2023 Class B Common Stock 2.86M $5.50 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of Class B Common Stock of the issuer that Mark Tkach (the "Reporting Person") purchased in the issuer's rights offering pursuant to the exercise of his subscription rights. The closing of the rights offering and the issuance of the Class B Common Stock of the issuer was on or about December 8, 2023.
F2 The effective purchase price of the shares of Class B Common Stock of the issuer underlying the subscription rights issued in connection with the issuer's rights offering was $5.50 per share.
F3 Each subscription right issued to the Reporting Person is exercisable for 1.078444 shares of the Class B Common Stock of the issuer. The number of shares of Class B Common Stock of the issuer reported in Column 7 is rounded down to the nearest whole number. The subscription rights are only exercisable for whole shares of Class B Common Stock of the issuer.

Remarks:

This Amendment amends and restates the Form 4 filed on December 7, 2023 by the Reporting Person in its entirety to correct the number of subscription rights and corresponding shares of Class B Common Stock of the issuer issued to the Reporting Person in connection with the closing of the rights offering.