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RideNow Group, Inc. Director's Dealing 2021

Jan 8, 2021

33803_dirs_2021-01-07_eb7b27bc-4473-4769-a8e2-2ecfb65f9c3d.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: 2021-01-05

Reporting Person: WESTFALL KEVIN P (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-01-07 Class B Common Stock M 8152 Acquired 13047 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-05 Restricted Stock Units $ A 4928 Acquired Class B Common Stock (4928) Direct
2021-01-07 Restricted Stock Units $ M 8152 Disposed Class B Common Stock (8152) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Stock Units $ Class B Common Stock (875) 875 Direct

Footnotes

F1: Represents shares of RumbleOn, Inc. ("RMBL") Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs"). The shares of common stock were delivered on January 7, 2021.

F2: Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.

F3: These RSUs vest in 12 equal monthly installments at the end of each month beginning January 31, 2021 and will be delivered on a quarterly basis beginning on March 31, 2021, and are subject to prorata vesting if a director leaves the Board of Directors before the end of each vesting period.

F4: These RSUs were approved by the compensation committee of the board of directors of RMBL on July 15, 2020, subject to shareholder approval of the amendment to the RumbleOn, Inc. 2017 Stock Incentive Plan stock under which the RSUs were granted and ratification of this RSU award. RMBL shareholders approved the plan on August 25, 2020.

F5: These RSUs vest in four equal quarterly installments beginning September 30, 2020, and are subject to prorata vesting if a director leaves the Board of Directors before the end of each quarterly vesting period.

F6: These RSUs were granted on June 25, 2018.

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.