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RideNow Group, Inc. Director's Dealing 2019

Jun 6, 2019

33803_dirs_2019-06-05_73df9307-9fa6-42b3-be76-34f461f128af.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RumbleON, Inc. (RMBL)
CIK: 0001596961
Period of Report: 2019-06-03

Reporting Person: Chesrown Marshall (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-06-03 Restricted Stock Units $ A 400000 Acquired Class B Common Stock (400000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class B Common Stock 1747156 Direct
Class A Common Stock 875000 Direct

Footnotes

F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of RMBL Class B Common Stock.

F2: The RSUs vest as follows: (i) 100,000 RSUs vest after two consecutive quarters of $1.00 or greater operating income and trailing four quarter revenue of $900 million at any time through September 30, 2020, (ii) 100,000 RSUs vest at such time as the shares of Class B Common Stock trade at a minimum closing price of $10.00 per share for 30 consecutive trading days at any time through September 30, 2020, and (iii) 200,000 RSUs vest at such time as the shares of Class B Common Stock trade at a minimum closing price of $15.00 per share for thirty consecutive trading days at any time through September 30, 2020.