RideNow Group, Inc. — Director's Dealing 2024

Mar 22, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RumbleOn, Inc. (RMBL)
CIK: 0001596961
Period of Report: 2024-03-19

Reporting Person: Lawson Blake (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-03-19	Class B Common Stock	A	16572	—	Acquired	68784	Direct
2024-03-19	Class B Common Stock	A	49716	—	Acquired	118500	Direct

Footnotes

F1: On March 19, 2024, the reporting person received a grant of 16,572 restricted stock units ("RSU") pursuant to the terms of his 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 49,716 performance-based restricted stock units ("PSU") under the 2017 Stock Incentive Plan, as amended. This grant is pursuant to the terms of his 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 the minimum closing price for at least 30 consecutive trading days ("Target"), subject to his continuous employment and the other terms of the grant. One-third of the grant, or 16,572 PSUs, vest at each applicable Target as follows: $12, $17 and $22.