Michael Jay Ellis - 16 Sep 2022 Form 3 Insider Report for Rumble Inc. (RUM)

Role
Gen.Counsel & Corp. Sectry
Signature
/s/ Michael Ellis
Issuer symbol
RUM
Transactions as of
16 Sep 2022
Net transactions value
$0
Form type
3
Filing time
26 Sep 2022, 19:00:58 UTC
Next filing
18 Nov 2022
SEC
View on sec.gov

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
holding RUM Stock Option (Right to Buy) 16 Sep 2022 Class A Common Stock, par value $0.0001 per share 198,633 $10.06 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of Stock Options that Mr. Ellis received in exchange for his outstanding options in Rumble Inc. (n/k/a Rumble Canada Inc.) ("Rumble Canada") pursuant to the terms of the Business Combination Agreement (the "BCA"), dated as of December 1, 2021, by and between CF Acquisition Corp. VI (n/k/a Rumble Inc.) and Rumble Canada. Includes 65,455 "earnout" Stock Options that are subject to the vesting and forfeiture requirements specified in the BCA. 133,178 of the Stock Options vest in one-third installments on November 6, 2022, November 6, 2023, and November 6, 2024.

Remarks:

Exhibit 24 - Power of Attorney