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RideNow Group, Inc. Director's Dealing 2024

Mar 22, 2024

33803_dirs_2024-03-21_1e2aa0e9-be83-44b9-91c9-30f1299cd55a.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: 2024-03-19

Reporting Person: Treadway Brandy L (Chief Legal Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-19 Class B Common Stock A 12429 Acquired 12429 Direct
2024-03-19 Class B Common Stock A 37287 Acquired 49716 Direct

Footnotes

F1: On March 19, 2024, the reporting person received a grant of 12,429 restricted stock units ("RSU") pursuant to the terms of her employment agreement and calculated based upon the share price of RMBL Class B Common Stock at the conclusion of the second trading day following the Company's release of earnings for Q4 2023. Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock. The RSU award was granted under the 2017 Stock Incentive Plan, as amended, and will vest ratably over three years on March 19, 2025, March 19, 2026, and March 19, 2027, provided that the reporting person remains employed on each vesting date.

F2: On March 19, 2024, the reporting person received a grant of 37,287 performance-based restricted stock units ("PSU") pursuant to the terms of her employment agreement and calculated based upon the share price of RMBL Class B Common Stock at the conclusion of the second trading day following the Company's release of earnings for Q4 2023. Each PSU represents a contingent right to receive one share of RMBL Class B Common Stock. The PSUs vest when the minimum closing price of RMBL Class B Common Stock remains at or above a minimum closing price for at least 30 consecutive trading days ("Target"), subject to her continuous employment and other terms of the grant. Vesting is one-third, or 12,429 PSUs, at each applicable Target as follows: $12, $17, and $22. This grant was made under the 2017 Stock Incentive Plan, as amended.