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

Role: Interim CFO
Signature: /s/ Beverley Rath
Issuer symbol: RMBL
Transactions as of: 30 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Sep 2021, 20:26:41 UTC
Previous filing: 07 Jul 2021
Next filing: 19 Apr 2022
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		+12,696	+278%		17,264	03 Sep 2021	Direct	F1
transaction	RMBL	Class B Common Stock	Tax liability	$0	-5,785	-34%	$0.000000	11,479	03 Sep 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	+6,934		$0.000000^*	0	30 Jul 2021	Class B Common Stock	6,934		Direct	F2, F3
transaction	RMBL	Restricted Stock Units	Options Exercise	$0	-376	-100%	$0.000000^*	0	03 Sep 2021	Class B Common Stock	376		Direct	F2, F4
transaction	RMBL	Restricted Stock Units	Options Exercise	$0	-500	-100%	$0.000000^*	0	03 Sep 2021	Class B Common Stock	500		Direct	F2, F4
transaction	RMBL	Restricted Stock Units	Options Exercise	$0	-4,886	-100%	$0.000000^*	0	03 Sep 2021	Class B Common Stock	4,886		Direct	F2, F4
transaction	RMBL	Restricted Stock Units	Options Exercise	$0	-6,934	-100%	$0.000000^*	0	03 Sep 2021	Class B Common Stock	6,934		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.