Denmar Dixon - Jun 23, 2021 Form 4 Insider Report for RumbleON, Inc. (RMBL)

Role
Director
Signature
/s/ Denmar J. Dixon
Stock symbol
RMBL
Transactions as of
Jun 23, 2021
Transactions value $
$244,688
Form type
4
Date filed
6/24/2021, 08:00 AM
Next filing
Jul 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Purchase $245K +6.25K +18.85% $39.15* 39.4K Jun 23, 2021 Direct F1, F2
holding RMBL Class B Common Stock 62.6K Jun 23, 2021 see footnote F3
holding RMBL Class B Common Stock 75 Jun 23, 2021 see footnote F4
holding RMBL Class B Common Stock 638 Jun 23, 2021 see footnote F5

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
holding RMBL Restricted Stock Units 3.7K Jun 23, 2021 Class B Common Stock 3.7K Direct F6, F7, F8
holding RMBL Restricted Stock Units 2.13K Jun 23, 2021 Class B Common Stock 2.13K Direct F8, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $39.00 to $39.25, inclusive. The reporting person undertakes to provide to RumbleOn, Inc., any security holder of RumbleOn, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 Includes 2,641 shares held in a joint account with the Reporting Person's spouse.
F3 Represents shares owned through Blue Flame Capital, LLC, an entity controlled by the Reporting Person.
F4 Represents shares owned by the Reporting Person's son.
F5 Represents shares owned by the Reporting Person's spouse.
F6 Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F7 These RSUs were granted on January 5, 2021.
F8 These RSUs vest in 12 equal monthly installments at the end of each month beginning January 31, 2021 and will be delivered on a quarterly basis beginning on March 31, 2021, and are subject to prorata vesting if a director leaves the Board of Directors before the end of each vesting period.
F9 These RSUs were granted on June 25, 2018.
F10 The RSUs vest (1) 20% on the last day of the thirteenth month following the grant date, (2) 2.5% monthly on the last day of each month beginning on the last day of the fourteenth month following the grant date through the last day of the twenty-fifth month following the grant date and (3) 4.17% monthly on the last day of each month beginning on the last day of the twenty-sixth month following the grant date through the last day of the thirty-seventh month following the grant date.