RideNow Group, Inc. — Director's Dealing 2021

Sep 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RumbleOn, Inc. (RMBL)
CIK: 0001596961
Period of Report: 2021-07-30

Reporting Person: Rath Beverley (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-03	Class B Common Stock	M	12696	—	Acquired	17264	Direct
2021-09-03	Class B Common Stock	F	5785	—	Disposed	11479	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-30	Restricted Stock Units	$	A	6934	Acquired		Class B Common Stock (6934)	Direct
2021-09-03	Restricted Stock Units	$	M	376	Disposed		Class B Common Stock (376)	Direct
2021-09-03	Restricted Stock Units	$	M	500	Disposed		Class B Common Stock (500)	Direct
2021-09-03	Restricted Stock Units	$	M	4886	Disposed		Class B Common Stock (4886)	Direct
2021-09-03	Restricted Stock Units	$	M	6934	Disposed		Class B Common Stock (6934)	Direct

Footnotes

F1: Represents shares of the Issuer's Class B Common Stock received upon delivery of shares underlying vested restricted stock units ("RSUs").

F2: Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.

F3: These RSUs were approved by the compensation committee of the Issuer's board of directors on March 12, 2021, subject to shareholder approval of the amendment to the Issuer's 2017 Stock Incentive Plan (the "Plan"). The Issuer's shareholders approved the amendment to the Plan on July 30, 2021. These RSUs were scheduled to vest in equal quarterly installments during the thirty-six month period following the grant date, assuming continuous service of the grantee.

F4: In connection with the Issuer's business combination with RideNow, the vesting of these RSUs were accelerated and the shares of Class B Common Stock were issued on September 3, 2021.