SEC Form 4 · accession 0001654954-18-011885
RideNow Group, Inc. · RDNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denmar John Dixon
Director
Period of report
Oct 30, 2018
Accepted (ET)
Nov 1, 2018 · 7:42 pm EDT
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 StockF1,F2 | Oct 30, 2018 | A | 30,000 | $8.10 | A | 1,052,829 | I | see footnote |
| Class B Common StockF3 | Oct 30, 2018 | P | 36,589 | $5.41 | A | 72,189 | D | |
| Class B Common StockF4 | Oct 30, 2018 | P | 40 | $5.50 | A | 290 | I | see footnote |
| Class B Common StockF5 | holding | — | — | — | 7,750 | I | see footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These purchases were made by the Reporting Person in a private (PIPE) transaction with the Issuer, which transaction was approved by the Issuer's board of directors in accordance with Rule 16b-3(d)(1).
- F2Represents shares owned through Blue Flame Capital, LLC, an entity controlled by the Reporting Person.
- F3Represents the weighted average purchase price of the shares purchased ranging from a low of $5.18 to a high of $5.46 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 in this footnote.
- F4Represents shares owned by the Reporting Person's son.
- F5Represents shares owned by the Reporting Person's spouse.