Lang Laura W - Jan 14, 2025 Form 4 Insider Report for Vroom, Inc. (VRM)

Role
Director
Signature
/s/ Anna-Lisa Corrales, Attorney-in-Fact for Laura W. Lang
Stock symbol
VRM
Transactions as of
Jan 14, 2025
Transactions value $
$14,994
Form type
4
Date filed
3/14/2025, 09:46 PM
Previous filing
Jun 10, 2024
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRM Common Stock Award $0 +3.82K +779.59% $0.00 4.31K Mar 12, 2025 Direct F1, F2

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 VRM Warrants (Right to buy) Award $15K +246 $60.95 246 Mar 12, 2025 Common Stock 246 $60.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs") that vests in full on the earlier of (i) the day immediately preceding the date of the Issuer's first annual meeting of stockholders following the date of grant and (ii) March 12, 2026. Each RSU 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").
F3 The warrants were issued to stockholders of the Issuer in connection with the Recapitalization. Each warrant was immediately exercisable upon issuance.