Power Narinder Sahai - 17 Mar 2022 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role
Chief Financial Officer
Signature
/s/ Narinder Sahai
Issuer symbol
RMBL
Transactions as of
17 Mar 2022
Net transactions value
$0
Form type
4
Filing time
19 Apr 2022, 17:57:08 UTC
Previous filing
22 Feb 2022
Next filing
10 Jul 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Award +16,196 +324% 21,196 17 Mar 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 17, 2022, the reporting person received a grant of 16,196 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. One-third (1/3) of the RSUs vest on March 17, 2023. The remaining RSUs vest in eight (8) equal quarterly installments beginning on June 17, 2023.
F2 Includes 5,000 RSUs granted on February 1, 2022, which vest over three years, with the first one-third of the RSUs vesting on the first anniversary of the grant date and the subsequent installments vesting in equal quarterly installments over the subsequent two years.