Beverley Rath - Jul 30, 2021 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role
Interim CFO
Signature
/s/ Beverley Rath
Stock symbol
RMBL
Transactions as of
Jul 30, 2021
Transactions value $
$0
Form type
4
Date filed
9/3/2021, 08:26 PM
Previous filing
Jul 7, 2021
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Options Exercise +12.7K +277.93% 17.3K Sep 3, 2021 Direct F1
transaction RMBL Class B Common Stock Tax liability $0 -5.79K -33.51% $0.00 11.5K Sep 3, 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
transaction RMBL Restricted Stock Units Award $0 +6.93K $0.00* 0 Jul 30, 2021 Class B Common Stock 6.93K Direct F2, F3
transaction RMBL Restricted Stock Units Options Exercise $0 -376 -100% $0.00* 0 Sep 3, 2021 Class B Common Stock 376 Direct F2, F4
transaction RMBL Restricted Stock Units Options Exercise $0 -500 -100% $0.00* 0 Sep 3, 2021 Class B Common Stock 500 Direct F2, F4
transaction RMBL Restricted Stock Units Options Exercise $0 -4.89K -100% $0.00* 0 Sep 3, 2021 Class B Common Stock 4.89K Direct F2, F4
transaction RMBL Restricted Stock Units Options Exercise $0 -6.93K -100% $0.00* 0 Sep 3, 2021 Class B Common Stock 6.93K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Class B Common Stock received upon delivery of shares underlying vested restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock.
F3 These RSUs were approved by the compensation committee of the Issuer's board of directors on March 12, 2021, subject to shareholder approval of the amendment to the Issuer's 2017 Stock Incentive Plan (the "Plan"). The Issuer's shareholders approved the amendment to the Plan on July 30, 2021. These RSUs were scheduled to vest in equal quarterly installments during the thirty-six month period following the grant date, assuming continuous service of the grantee.
F4 In connection with the Issuer's business combination with RideNow, the vesting of these RSUs were accelerated and the shares of Class B Common Stock were issued on September 3, 2021.