Form 4 for VRM Vroom, Inc.
Accepted 2025-03-14 00:00:00 ET · period of report 2025-03-12 · accession 0001562180-25-002437 · 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 | 2025-03-14 | 2025-03-12 | VRM | Sandison Jonathan | CFO, UACC | A - Grant | $0.00 | +41.0K | 41.3K | +12,273% | $0 |
| DM | 2025-03-14 | 2025-03-12 | VRM | Sandison Jonathan | CFO, UACC | A - Grant | $53.33 | +15.0K | 7,500 | New | +$799.9K |
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 | Common Stock | 2025-03-12 | A | A | 40,991 | $0.00 | 41,325 | D | — | — | (F1) Represents an award of restricted stock units that will vest in full on January 18, 2029, subject to the Reporting Person's continued service on such date. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. (F2) The number of shares of common stock in this Form 4 reflects the automatic conversion of the prior common stock at a ratio of 1-for-5 in connection with the Issuer's emergence from bankruptcy on January 12, 2025 (the "Recapitalization"). |
| 2 | Derivative | Stock Options (Right to buy) | 2025-03-12 | A | A | 7,500 | $60.95 | 7,500 | D | $60.95 · — to 2035-03-12 | 7,500 Common Stock | (F3) Twenty-five percent of the shares of common stock that are subject to the option will vest on March 12, 2026 and the remaining Seventy-five percent will vest in three equal installments on each January 14, 2027, January 14, 2028, and January 14, 2029, in each case subject to Reporting Person's continued service on such date. |
| 3 | Derivative | Stock Options (Right to buy) | 2025-03-12 | A | A | 7,500 | $45.70 | 7,500 | D | $45.70 · — to 2035-03-12 | 7,500 Common Stock | (F3) Twenty-five percent of the shares of common stock that are subject to the option will vest on March 12, 2026 and the remaining Seventy-five percent will vest in three equal installments on each January 14, 2027, January 14, 2028, and January 14, 2029, in each case subject to Reporting Person's continued service on such date. |