SEC Form 5 · accession 0001654954-18-001776
RideNow Group, Inc. · RDNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A Gray Jr.
Director
Period of report
Dec 31, 2017
Accepted (ET)
Feb 21, 2018 · 9:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596961
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock | holding | — | — | — | 25,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Dec 12, 2017 | A | 35,000 | A | — | — | Class B Common Stock | 35,000 | 35,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RMBL Class B Common Stock.
- F2The RSUs vest (i) 20% on the first anniversary of the grant date; (ii) 30% on the second anniversary of the grant date; and (iii) 50% on the third anniversary of the grant date.