Robert Arsov - Feb 7, 2025 Form 4 Insider Report for Rumble Inc. (RUM)

Role
Director
Signature
/s/ Sergey Milyukov, as Attorney-in-Fact
Stock symbol
RUM
Transactions as of
Feb 7, 2025
Transactions value $
-$92,474,820
Form type
4
Date filed
2/11/2025, 09:38 PM
Previous filing
Dec 3, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RUM Class A Common Stock, par value $0.0001 per share Options Exercise $150K +5.01M +40.14% $0.03 17.5M Feb 7, 2025 Direct
transaction RUM Class A Common Stock, par value $0.0001 per share Sale -$92.6M -12.4M -70.57% $7.50 5.15M Feb 7, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RUM Stock Option (Right to Buy) Options Exercise $0 -5.01M -41.89% $0.00 6.95M Feb 7, 2025 Class A Common Stock, par value $0.0001 per share 5.01M $0.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the sale of shares of Class A Common Stock of the Issuer ("Class A Common Stock") to the Issuer in the Issuer's self tender offer that closed on February 7, 2025.
F2 Consists of Stock Options that Mr. Arsov received in exchange for his outstanding options in Rumble Inc. (n/k/a Rumble Canada Inc.) ("Rumble Canada") pursuant to the terms of the Business Combination Agreement (the "BCA"), dated as of December 1, 2021, by and between CF Acquisition Corp. VI (n/k/a Rumble Inc.) and Rumble Canada. Includes 3,943,188 "earnout" Stock Options that are subject to the vesting and forfeiture requirements specified in the BCA.

Remarks:

The transactions contemplated by this Form 4 were approved by the Company's Board of Directors for purposes of the exemption under Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended.