0001596961-23-000077.txt : 20231215
0001596961-23-000077.hdr.sgml : 20231215
20231215183448
ACCESSION NUMBER: 0001596961-23-000077
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231213
FILED AS OF DATE: 20231215
DATE AS OF CHANGE: 20231215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Kennedy Michael W
CENTRAL INDEX KEY: 0001640084
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38248
FILM NUMBER: 231491776
MAIL ADDRESS:
STREET 1: 901 W. WALNUT HILL LN
STREET 2: SUITE 110A
CITY: IRVING
STATE: TX
ZIP: 75038
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RumbleOn, Inc.
CENTRAL INDEX KEY: 0001596961
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 463951329
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 901 W. WALNUT HILL LANE
STREET 2: SUITE 110A
CITY: IRVING
STATE: TX
ZIP: 75038
BUSINESS PHONE: 214-771-9952
MAIL ADDRESS:
STREET 1: 901 W. WALNUT HILL LANE
STREET 2: SUITE 110A
CITY: IRVING
STATE: TX
ZIP: 75038
FORMER COMPANY:
FORMER CONFORMED NAME: RumbleON, Inc.
DATE OF NAME CHANGE: 20170213
FORMER COMPANY:
FORMER CONFORMED NAME: Smart Server, Inc
DATE OF NAME CHANGE: 20140114
4
1
wk-form4_1702683280.xml
FORM 4
X0508
4
2023-12-13
0
0001596961
RumbleOn, Inc.
RMBL
0001640084
Kennedy Michael W
C/O RUMBLEON, INC.
901 W. WALNUT HILL LANE, SUITE 110A
IRVING
TX
75038
1
1
0
0
Chief Executive Officer
0
Stock options (Right to purchase)
5.85
2023-12-13
4
A
0
825000
0
A
2033-11-01
Class B Common Stock
825000
825000
D
These options vest when the minimum closing price of RMBL 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. Vesting at each applicable Target is as follows: 125,000 at $12; 175,000 at $17; 200,000 at $22; 225,000 at $35; and 100,000 at $40. The award was granted outside of the Company's shareholder-approved stock incentive plan as an inducement to Mr. Kennedy's entry into employment and approved by the Compensation Committee of the Board of Directors, in accordance with Nasdaq Listing Rule 5635(c)(4). Pursuant to Mr. Kennedy's employment agreement, the award was granted after the conclusion of two trading days following the completion of the Company's Rights Offering, which closed on December 8, 2023, and the exercise price per share was determined as the price of RMBL at the conclusion of trading on the day before the grant.
/s/Mathew W. Grynwald, Attorney-in-fact for Michael W. Kennedy
2023-12-15