Mark Tkach - Dec 12, 2024 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role
Director, 10%+ Owner
Signature
/s/ Mark Tkach
Stock symbol
RMBL
Transactions as of
Dec 12, 2024
Transactions value $
$1,813,635
Form type
4
Date filed
12/16/2024, 09:30 PM
Previous filing
Aug 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Options Exercise $1.81M +434K +6.74% $4.18 6.87M Dec 12, 2024 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 -6.41M -100% $0.00 0 Dec 12, 2024 Class B Common Stock 434K $4.18 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 (the "Rights Offering") pursuant to the exercise of his subscription rights. The shares of Class B Common Stock subscribed for by the Reporting Person are expected to be formally issued by the issuer on or about December 17, 2024. The results of the issuer's Rights Offering are preliminary and subject to change pending finalization of subscription procedures by the subscription agent.
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 Rights Offering was $4.18 per share.
F3 The issuer issued one subscription right for each share of Class B Common Stock owned by the Reporting Person as of the close of business on November 25, 2024, the record date of the Rights Offering. Each subscription right issued to the Reporting Person is exercisable for 0.0677 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.