0001654954-19-007035.txt : 20190606
0001654954-19-007035.hdr.sgml : 20190606
20190606083035
ACCESSION NUMBER: 0001654954-19-007035
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190605
FILED AS OF DATE: 20190606
DATE AS OF CHANGE: 20190606
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chesrown Marshall
CENTRAL INDEX KEY: 0001688766
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38248
FILM NUMBER: 19881555
MAIL ADDRESS:
STREET 1: C/O AKERMAN LLP
STREET 2: 350 EAST LAS OLAS BOULEVARD
CITY: FORT LAUDERDALE
STATE: FL
ZIP: 33301
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: 1350 LAKESHORE DRIVE
STREET 2: SUITE 160
CITY: COPPELL
STATE: TX
ZIP: 75019
BUSINESS PHONE: 469-250-1185
MAIL ADDRESS:
STREET 1: 1350 LAKESHORE DRIVE
STREET 2: SUITE 160
CITY: COPPELL
STATE: TX
ZIP: 75019
FORMER COMPANY:
FORMER CONFORMED NAME: Smart Server, Inc
DATE OF NAME CHANGE: 20140114
4
1
section16.xml
PRIMARY DOCUMENT
X0306
4
2019-06-05
0001596961
RumbleON, Inc.
RMBL
0001688766
Chesrown Marshall
C/O RUMBLEON, INC.
1350 LAKESHORE DRIVE SUITE 160
COPPELL
TX
75019
true
true
true
false
Chairman and CEO
Class B Common Stock
2019-06-05
4
P
false
8844
4.2577
A
1756000
D
Class A Common Stock
875000
D
Restricted Stock Units
Class B Common Stock
400000
400000
D
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $4.22 - $4.3778. The reporting person undertakes to provide to RumbleOn, Inc., any security holder of RumbleOn, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth above.
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RMBL Class B Common Stock.
These RSUs were granted on June 3, 2019.
The RSUs vest as follows: (i) 100,000 RSUs vest after two consecutive quarters of $1.00 or greater operating income and trailing four quarter revenue of $900 million at any time through September 30, 2020, (ii) 100,000 RSUs vest at such time as the shares of Class B Common Stock trade at a minimum closing price of $10.00 per share for 30 consecutive trading days at any time through September 30, 2020, and (iii) 200,000 RSUs vest at such time as the shares of Class B Common Stock trade at a minimum closing price of $15.00 per share for thirty consecutive trading days at any time through September 30, 2020.
/s/ Marshall Chesrown
2019-06-06