Stone House Capital Management, LLC - Apr 11, 2023 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role
10%+ Owner
Signature
STONE HOUSE CAPITAL MANAGEMENT, LLC /s/ Mark Cohen Managing Member
Stock symbol
RMBL
Transactions as of
Apr 11, 2023
Transactions value $
$410,500
Form type
4
Date filed
4/13/2023, 04:05 PM
Previous filing
Apr 12, 2023
Next filing
Jun 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Purchase $411K +50K +2.86% $8.21 1.8M Apr 11, 2023 See Footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This price represents the approximate weighted average price per share of Class B Common Stock of RumbleOn, Inc. (the "Issuer"), $0.001 par value (each, a "Share") of sales that were executed at prices ranging from $7.74 to $9.10 per Share, inclusive. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the price per Share and the number of Shares sold at each price.
F2 This statement is jointly filed by and on behalf of each of Stone House Capital Management, LLC ("Stone House"), SH Capital Partners, L.P. ("Partners") and Mark Cohen. Partners is the record and direct beneficial owner of the securities covered by this statement. Stone House is the general partner and investment manager of, and may be deemed to beneficially own securities owned by, Partners. Mr. Cohen is the managing member of, and may be deemed to beneficially own securities owned by, Stone House.
F3 Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Act") or otherwise, the beneficial owner of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
F4 Each reporting person may be deemed to be a member of a group with respect to the issuer or securities of the issuer for purposes of Section 13(d) or 13(g) of the Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, a member of a group with respect to the issuer or securities of the issuer.

Remarks:

Exhibit 99.1 - Joint Filer Information (incorporated herein by reference to Exhibit 99.1 to the Form 3 filed on April 12, 2023, by the reporting persons with the U.S. Securities and Exchange Commission). Exhibit 99.2 - Joint Filing Agreement (incorporated herein by reference to Exhibit 99.2 to the Form 3 filed on April 12, 2023, by the reporting persons with the U.S. Securities and Exchange Commission).