Tiffany Kice - Aug 9, 2024 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Signature
/s/ Brandy L. Treadway, attorney-in-fact for Tiffany Kice
Stock symbol
RMBL
Transactions as of
Aug 9, 2024
Transactions value $
$0
Form type
4
Date filed
8/13/2024, 03:49 PM
Previous filing
Jul 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Award +14.3K 14.3K Aug 9, 2024 Direct F1
transaction RMBL Class B Common Stock Award +10.8K +75.55% 25K Aug 9, 2024 Direct F2
transaction RMBL Class B Common Stock Award +32.3K +129.11% 57.4K Aug 9, 2024 Direct F3
holding RMBL Class B Common Stock 2 Aug 9, 2024 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 9, 2024, the reporting person received a grant of 14,265 restricted stock units ("RSU") pursuant to the terms of her employment agreeement and calculated based upon the share price of RMBL Class B Common Stock at the conclusion of the second trading day following the Company release of earnings for Q2 2024. 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 on August 9, 2025, provided that the reporting person remains employed at the vesting date.
F2 On August 9, 2024, the reporting person received a grant of 10,777 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 Q2 2024. 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 August 9, 2025; August 9, 2026; and August 9, 2027, provided that the reporting person remains employed on each vesting date.
F3 On August 9, 2024, the reporting person received a grant of 32,332 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 Q2 2024. 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 of shares at each applicable Target as follows: $12 (3593 shares), $17 (3592 shares), and $22 (3592 shares). This grant was made under the 2017 Stock Incentive Plan, as amended.