RideNow Group, Inc. — Director's Dealing 2020

Jun 11, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RumbleON, Inc. (RMBL)
CIK: 0001596961
Period of Report: 2020-06-08

Reporting Person: GRAY RICHARD A JR (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	4225	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 (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$		Class B Common Stock (875)	875	Direct
Restricted Stock Units	$		Class B Common Stock (1400)	1400	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: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.

F4: These RSUs were granted on June 3, 2019.

F5: 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.

F6: These RSUs were granted on December 12, 2017.

F7: 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.

F8: These RSUs were granted on June 25, 2018.