Beverley Rath - Jun 16, 2021 Form 3 Insider Report for RumbleON, Inc. (RMBL)

Signature
/s/ Beverley Rath
Stock symbol
RMBL
Transactions as of
Jun 16, 2021
Transactions value $
$0
Form type
3
Date filed
6/28/2021, 09:40 PM
Next filing
Jul 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding RMBL Class B Common Stock 4.51K Jun 16, 2021 Direct

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 Jun 16, 2021 Class B Common Stock 500 Direct F1, F4, F6
holding RMBL Restricted Stock Units Jun 16, 2021 Class B Common Stock 432 Direct F2, F5, F6
holding RMBL Restricted Stock Units Jun 16, 2021 Class B Common Stock 4.89K Direct F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSUs") representing a contingent right to receive 1,000 shares of Class B Common Stock were granted on June 1, 2018. Of this amount, 500 shares of Class B Common Stock have vested and delivered to the reporting person.
F2 RSUs representing a contingent right to receive 750 shares of Class B Common Stock were granted on August 15, 2019. Of this amount, 318 shares of Class B Common Stock have vested and delivered to the reporting person.
F3 RSUs representing a contingent right to receive 4,886 shares of Class B Common Stock were granted on July 15, 2020. Of this amount, no shares of Class B Common Stock have vested and been delivered to the reporting person.
F4 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 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.
F5 RSUs vest (1) 20% on May 31, 2020, (2) 7.5% quarterly for each of the next four quarters, and (3) 12.5% quarterly for each of the next four quarters.
F6 Each RSU represents a contingent right to receive one share of Class B Common Stock.