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

Role
Gen.Counsel & Corp. Sectry
Signature
/s/ Michael Ellis
Stock symbol
RUM
Transactions as of
Sep 16, 2022
Transactions value $
$0
Form type
3
Date filed
9/26/2022, 07:00 PM
Next filing
Nov 18, 2022

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) Sep 16, 2022 Class A Common Stock, par value $0.0001 per share 199K $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