Blake Lawson - 19 Mar 2024 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
21 Mar 2024, 19:35:43 UTC
Prior SEC filing
07 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Blake Lawson

Key filing fact

Blake Lawson filed Form 4 for RumbleOn, Inc. (RMBL) on 21 Mar 2024.

Key facts

  • This page summarizes Blake Lawson's Form 4 filing for RumbleOn, Inc. (RMBL).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 21 Mar 2024, 19:35.

Change

  • Previous filing in this sequence was filed on 07 Dec 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RMBL transaction

Class B Common Stock

Award

Transaction value
Shares
+16,572
Change %
+32%
Price
Shares after
68,784
Date
19 Mar 2024
Ownership
Direct
Footnotes
F1
RMBL transaction

Class B Common Stock

Award

Transaction value
Shares
+49,716
Change %
+72%
Price
Shares after
118,500
Date
19 Mar 2024
Ownership
Direct
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On March 19, 2024, the reporting person received a grant of 16,572 restricted stock units ("RSU") pursuant to the terms of his employment agreement and calculated based upon the share price of RMBL Class B Common Stock at the conclusion of the second trading day following the Company's release of earnings for Q4 2023. Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock. The RSU award was granted under the 2017 Stock Incentive Plan, as amended, and will vest ratably over three years on March 19, 2025, March 19, 2026 and March 19, 2027, provided that the reporting person remains employed on each vesting date.

Footnote F2

On March 19, 2024, the reporting person received a grant of 49,716 performance-based restricted stock units ("PSU") under the 2017 Stock Incentive Plan, as amended. This grant is pursuant to the terms of his employment agreement and calculated based upon the share price of RMBL Class B Common Stock at the conclusion of the second trading day following the Company's release of earnings for Q4 2023. Each PSU represents a contingent right to receive one share of RMBL Class B Common Stock. The PSUs vest when the minimum closing price of RMBL Class B Common Stock remains at or above the minimum closing price for at least 30 consecutive trading days ("Target"), subject to his continuous employment and the other terms of the grant. One-third of the grant, or 16,572 PSUs, vest at each applicable Target as follows: $12, $17 and $22.

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