Steven J. Pully - 05 Dec 2023 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role: Director, Executive Chairman
Signature: /s/ Mathew W Grynwald, as Attorney-in-fact for Steven J Pully
Issuer symbol: RMBL
Transactions as of: 05 Dec 2023
Net transactions value: +$150,474
Form type: 4
Filing time: 07 Dec 2023, 17:20:48 UTC
Previous filing: 15 Dec 2023
Next filing: 02 Feb 2024
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	Options Exercise	$150,474	+27,359	+58%	$5.50	74,723	05 Dec 2023	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	RMBL	Subscription Rights (right to buy)	Options Exercise	$0	-25,370	-100%	$0.000000^*	0	05 Dec 2023	Class B Common Stock	27,359	$5.50	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares of Class B Common Stock that the Reporting Person purchased in the Issuer's rights offering pursuant to the subscription rights. The closing of the rights offering and the issuance of the Class B Common Stock is expected to be on or about December 8, 2023.
F2	The effective purchase price of the shares of Class B Common Stock underlying the subscription rights issued in connection with the Issuer's rights offering was $5.50 per share.
F3	Each subscription right issued to the Reporting Person is exercisable for 1.078444 shares of the Issuer's Class B Common Stock. The number of shares of Class B Common Stock reported in Column 7 is rounded down to the nearest whole number. The subscription rights are only exercisable for whole shares of Class B Common Stock. The rights offering also included an over-subscription right, which entitled eligible stockholders who fully exercised their basic subscription right the right to purchase additional shares of Class B Common Stock that remained unsubscribed at the expiration time of the rights offering at a price of $5.50 per share, subject to allocation. Includes approxiately 1,000 shares issued pursuant to the over-subscription right in connection with the rights offering.