Form 4 for RDNW RideNow Group, Inc.
Accepted 2024-12-16 00:00:00 ET · period of report 2024-12-12 · accession 0001104659-24-129083 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-12-16 | 2024-12-12 | RDNW | Tkach Mark | Dir, 10% | M - OptEx | $4.18 | +433.9K | 6.87M | +7% | +$1.81M |
| D | 2024-12-16 | 2024-12-12 | RDNW | Tkach Mark | Dir, 10% | M - OptEx | $0.00 | -6.41M | 0 | -100% | $0 |
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 | 2024-12-12 | M | A | 433,884 | $4.18 | 6,871,354 | D | — | — | (F1) Represents the number of shares of Class B Common Stock of the issuer that Mark Tkach (the "Reporting Person") purchased in the issuer's rights offering (the "Rights Offering") pursuant to the exercise of his subscription rights. The shares of Class B Common Stock subscribed for by the Reporting Person are expected to be formally issued by the issuer on or about December 17, 2024. The results of the issuer's Rights Offering are preliminary and subject to change pending finalization of subscription procedures by the subscription agent. (F2) The effective purchase price of the shares of Class B Common Stock of the issuer underlying the subscription rights issued in connection with the Rights Offering was $4.18 per share. |
| 2 | Derivative | Subscription Rights (right to buy) | 2024-12-12 | M | D | 6,408,939 | $0.00 | 0 | D | $4.18 · 2024-11-26 to 2024-12-12 | 433,884 Class B Common Stock | (F3) The issuer issued one subscription right for each share of Class B Common Stock owned by the Reporting Person as of the close of business on November 25, 2024, the record date of the Rights Offering. Each subscription right issued to the Reporting Person is exercisable for 0.0677 shares of the Class B Common Stock of the issuer. The number of shares of Class B Common Stock of the issuer reported in Column 7 is rounded down to the nearest whole number. The subscription rights are only exercisable for whole shares of Class B Common Stock of the issuer. |