RideNow Group, Inc. — Director's Dealing 2021

Jan 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RumbleON, Inc. (RMBL)
CIK: 0001596961
Period of Report: 2021-01-05

Reporting Person: Alexander Adam (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-07	Common Stock	M	3774	—	Acquired	3774	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	3774	Disposed		Class B Common Stock (3774)	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 quarterly, and are subject to prorata vesting if a director leaves the Board of Directors before the end of each quarterly vesting period.

F6: This figure reflects a reduction in the reporting person's holdings of RSUs by 15,550 units to correct an overstatement that appeared in the reporting person's prior Form 4.