Form 4 for VRM Vroom, Inc.

Accepted 2024-03-12 00:00:00 ET · period of report 2024-03-08 · accession 0001562180-24-002642 · 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
T	2024-03-12	2024-03-08	VRM	Shortt Thomas H	CEO, Dir	A - Grant	$0.00	+2,250	41.9K	+6%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-03-08	A	A	2,250	$0.00	41,910	D	—	—	(F1) Represents an award of restricted stock units that fifty percent of the RSUs will vest in full on March 19, 2025 and fifty percent of the RSUs will vest in full on March 20, 2025, subject to the reporting person's continued employment. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer. (F3) The number of securities reported herein reflects the effects of a 1-for-80 reverse stock split effected by the Issuer on February 13, 2024, which was exempt from reporting pursuant to Rule 16a-9. (F2) On March 8, 2024, the board of directors of the Issuer amended the vesting schedule applicable to the award of (i) 3,268 restricted stock units originally granted on January 3, 2022, the unvested units of which will now vest 50% on March 19, 2025 and 50% on March 20, 2025; (ii) 15,000 restricted stock units originally granted on May 9, 2022, which will now vest 50% on March 19, 2025 and 50% on March 20, 2025; and (iii) 22,500 restricted stock units originally granted on March 20, 2023, which will now vest 50% on March 19, 2025 and 50% on March 20, 2025. Each restricted stock unit represents a contingent right to receive one share of Common Stock of the Issuer.