Krakowiak Robert R. - Jan 14, 2025 Form 4 Insider Report for Vroom, Inc. (VRM)

Role
Director
Signature
/s /Anna-Lisa Corrales, Attorney-in-Fact for Krakowiak, Robert R
Stock symbol
VRM
Transactions as of
Jan 14, 2025
Transactions value $
$5,425
Form type
4
Date filed
3/14/2025, 09:59 PM
Previous filing
Mar 12, 2024
Next filing
Jun 16, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRM Common Stock Award $0 +3.82K +105.44% $0.00 7.44K 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 $5.42K +89 $60.95 89 Jan 14, 2025 Common Stock 89 $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 Reflects adjustment of the exercise price pursuant to the automatic conversion of the Common Stock at a ratio of 1-for-5 effectuated by the Amended and Restated Certificate of Incorporation adopted by the Issuer on January 14, 2025.
F3 Represents the exchange of previously issued shares of Common Stock for issued Common Stock and warrants conducted as part of the 2025 recapitalization plan, with the warrants granting the holder the right to purchase additional shares at a predetermined price.