New insider Tkach Cameron claimed ownership of 81,677 units of Class B Common Stock (SEC Form 3)
$RMBL
EDP Services
Technology
| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 01/13/2025 |
3. Issuer Name and Ticker or Trading Symbol
RumbleOn, Inc. [ RMBL ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Beneficially Owned | |||
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| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Class B Common Stock | 44,176 | D | |
| Class B Common Stock(1) | 14,205 | D | |
| Class B Common Stock(2) | 14,205 | D | |
| Class B Common Stock(3) | 9,091 | D | |
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Explanation of Responses: |
| 1. On March 19, 2024, the Reporting Person received 14,205 restricted stock units ("RSUs"), each of which represents a contingent right to receive a share of Class B Common Stock. These RSUs vest in equal installments in each of the three years on the anniversary following the grant date (4,735 shares each date). |
| 2. On March 19, 2024, the Reporting Person received 14,205 performance-based restricted stock units ("PSU") under the 2017 Stock Incentive Plan, as amended. 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 4,735 PSUs, vest at each applicable Target as follows: $12, $17 and $22. |
| 3. Represents the remaining unvested RSUs from a grant the Reporting Person received on February 2, 2023. RSUs vest on a quarterly basis and will be fully vested by February 2, 2026. |
| Remarks: |
| /s/ Brandy L. Treadway, attorney-in-fact for Cameron Tkach | 01/23/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||