Form 4 for RDNW RideNow Group, Inc.
Accepted 2023-12-07 00:00:00 ET · period of report 2023-12-05 · accession 0001596961-23-000066 · 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 | 2023-12-07 | 2023-12-05 | RDNW | WESTFALL KEVIN P | Dir | M - OptEx | $5.50 | +10.8K | 58.6K | +23% | +$59.3K |
| D | 2023-12-07 | 2023-12-05 | RDNW | WESTFALL KEVIN P | Dir | M - OptEx | $0.00 | -10.0K | 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 | 2023-12-05 | M | A | 10,784 | $5.50 | 58,617 | D | — | — | (F1) Represents the number of shares of Class B Common Stock that the Reporting Person purchased in the Issuer's rights offering pursuant to the subscription rights. The closing of the rights offering and the issuance of the Class B Common Stock is expected to be on or about December 8, 2023. (F2) The effective purchase price of the shares of Class B Common Stock underlying the subscription rights issued in connection with the Issuer's rights offering was $5.50 per share. |
| 2 | Derivative | Subscription Rights (right to buy) | 2023-12-05 | M | D | 10,000 | $0.00 | 0 | D | $5.50 · 2023-11-13 to 2023-12-05 | 10,784 Class B Common Stock | (F3) Each subscription right issued to the Reporting Person is exercisable for 1.078444 shares of the Issuer's Class B Common Stock. The number of shares of Class B Common Stock 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. |