Form 4 for RDNW RideNow Group, Inc.
Accepted 2024-03-27 00:00:00 ET · period of report 2024-03-25 · accession 0000950170-24-037418 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-03-27 | 2024-03-25 | RDNW | Stone House Capital Management, LLC | Other | A - Grant | — | +12.2K | 12.2K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2024-03-25 | A | A | 12,225 | — | 12,225 | D | — | — | (F1) On March 25, 2024, Mark Cohen received a grant of 12,225 restricted stock units ("RSUs") calculated based upon the share price at the conclusion of the second trading day following the issuer's release of earnings for Q2 2023. Each RSU represents a contingent right to receive one share of Class B Common Stock of the issuer. The RSUs will vest in equal installments on April 1, 2024 and July 1, 2024, which are the remaining vesting dates for the director grants, and are subject to pro rata vesting if Mr. Cohen leaves the board of directors of the issuer before the end of each quarterly vesting period. The RSUs are held in an account by Mr. Cohen for the benefit of SH Capital Partners, L.P. ("Partners") and upon each vesting date, the shares are intended to be transferred to Partners. (F4) Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. (F2) This statement is jointly filed by and on behalf of each of Mr. Cohen, Partners and Stone House Capital Management, LLC ("Stone House"). (F5) Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer. |