Steven J. Pully - Dec 12, 2024 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role
Director
Signature
Brandy L. Treadway, as Attorney-in-fact for Steven J. Pully
Stock symbol
RMBL
Transactions as of
Dec 12, 2024
Transactions value $
$23,078
Form type
4
Date filed
12/16/2024, 06:37 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 $23.1K +5.52K +5.01% $4.18 116K 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 +81.6K $0.00 0 Dec 12, 2024 Class B Common Stock 81.6K $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 the reporting person purchased in the Issuer's rights offering pursuant to the exercise of his subscription rights. The subscription period for the Issuer's rights offering expired at 5:00 p.m. Eastern Time, on December 12, 2024. The closing of the rights offering and the issuance of the Class B common stock of the Issuer is expected to be on or about December 17, 2024.
F2 The effective purchase price of the shares of Class B common stock of the Issuer underlying the subscription rights issued in connections with the Issuer's rights offering was $4.18 per share.
F3 The Issuer issued one subscription right for each share of the 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.