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RideNow Group, Inc. Director's Dealing 2020

Jun 11, 2020

33803_dirs_2020-06-10_35338af6-e911-4e4f-b317-0b006324f7b1.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: 2020-06-08

Reporting Person: Dixon Denmar John (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-06-08 Class B Common Stock M 1750 Acquired 14350 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-06-08 Restricted Stock Units $ M 1750 Disposed Class B Common Stock (1750) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Class B Common Stock 62642 Indirect
Class B Common Stock 75 Indirect
Class B Common Stock 638 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class B Common Stock (3400) 3400 Direct

Footnotes

F1: On May 20, 2020, RumbleOn, Inc. executed a one-for-twenty reverse stock split of its issued and outstanding Class A Common Stock and Class B Common Stock (the "Reverse Stock Split") resulting in the appropriate reduction in the reporting person's ownership of shares of Class B Common Stock and Restricted Stock Units. No fractional shares were issued as a result of the Reverse Stock Split. Any fractional shares that would have resulted from the Reverse Stock Split were rounded up to the nearest whole share.

F2: Represents shares of RMBL Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs"). These RSUs vested on June 3, 2020 and the shares of Class B Common Stock underlying the RSUs were delivered on June 8, 2020.

F3: Includes 2,641 shares held in a joint account with the Reporting Person's spouse.

F4: Represents shares owned through Blue Flame Capital, LLC, an entity controlled by the Reporting Person.

F5: Represents shares owned by the Reporting Person's son.

F6: Represents shares owned by the Reporting Person's spouse.

F7: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.

F8: These RSUs were granted on June 3, 2019.

F9: The RSUs vest one year from the grant date, and are subject to prorata vesting if a director leaves the Board of Directors before the one year period.

F10: These RSUs were granted on June 25, 2018.

F11: The RSUs vest (1) 20% on the last day of the thirteenth month following the grant date, (2) 2.5% monthly on the last day of each month beginning on the last day of the fourteenth month following the grant date through the last of the twenty-fifth month following the grant date and (3) 4.17% monthly on the last day of each month beginning on the last day of the twenty-sixth month following the grant date through the last day of the thirty-seventh month following the grant date.