Form 4 for RDNW RideNow Group, Inc.
Accepted 2021-09-03 00:00:00 ET · period of report 2021-07-30 · accession 0001654954-21-009793 · 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 | 2021-09-03 | 2021-09-03 | RDNW | Chesrown Marshall | COB, CEO, Dir | M - OptEx | — | +154.7K | 250.5K | +162% | — |
| D | 2021-09-03 | 2021-09-03 | RDNW | Chesrown Marshall | COB, CEO, Dir | F - Tax | $0.00 | -61.9K | 188.6K | -25% | $0 |
| DM | 2021-09-03 | 2021-07-30+ | RDNW | Chesrown Marshall | COB, CEO, Dir | A - Grant | $0.00 | +68.5K | 38.5K | New | $0 |
| DM | 2021-09-03 | 2021-09-03 | RDNW | Chesrown Marshall | COB, CEO, Dir | D - Sale to Iss | $0.00 | -154.7K | 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 | 2021-09-03 | M | A | 154,733 | — | 250,483 | D | — | — | (F1) Represents shares of the Issuer's Class B Common Stock received upon delivery of shares underlying vested restricted stock units ("RSUs"). |
| 2 | Common | Class B Common Stock | 2021-09-03 | F | D | 61,850 | $0.00 | 188,633 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2021-08-31 | A | A | 30,000 | $0.00 | 30,000 | D | — · — to — | 30,000 Class B Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F4) These RSUs were granted on August 31, 2021 and vest as set forth below in footnote 5. |
| 4 | Derivative | Restricted Stock Units | 2021-09-03 | D | D | 30,000 | $0.00 | 0 | D | — · — to — | 30,000 Class B Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F5) In connection with the Issuer's business combination with RideNow, the vesting of these RSUs were accelerated and the shares of Class B Common Stock were issued on September 3, 2021. |
| 5 | Derivative | Restricted Stock Units | 2021-09-03 | D | D | 66,668 | $0.00 | 0 | D | — · — to — | 66,668 Class B Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F5) In connection with the Issuer's business combination with RideNow, the vesting of these RSUs were accelerated and the shares of Class B Common Stock were issued on September 3, 2021. |
| 6 | Derivative | Restricted Stock Units | 2021-09-03 | D | D | 38,521 | $0.00 | 0 | D | — · — to — | 38,521 Class B Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F5) In connection with the Issuer's business combination with RideNow, the vesting of these RSUs were accelerated and the shares of Class B Common Stock were issued on September 3, 2021. |
| 7 | Derivative | Restricted Stock Units | 2021-07-30 | A | A | 38,521 | $0.00 | 38,521 | D | — · — to — | 38,521 Class B Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F3) These RSUs were approved by the compensation committee of the Issuer's board of directors on March 12, 2021, subject to shareholder approval of the amendment to the Issuer's 2017 Stock Incentive Plan (the "Plan"). The Issuer's shareholders approved the amendment to the Plan on July 30, 2021. These RSUs were scheduled to vest in equal quarterly installments during the thirty-six month period following the grant date, assuming continuous service of the grantee. |
| 8 | Derivative | Restricted Stock Units | 2021-09-03 | D | D | 19,544 | $0.00 | 0 | D | — · — to — | 19,544 Class B Common Stock | (F2) Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F5) In connection with the Issuer's business combination with RideNow, the vesting of these RSUs were accelerated and the shares of Class B Common Stock were issued on September 3, 2021. |