Stone House Capital Management, LLC - Jun 16, 2023 Form 4 Insider Report for RumbleOn, Inc. (RMBL)

Role
10%+ Owner
Signature
STONE HOUSE CAPITAL MANAGEMENT, LLC By: /s/ Mark Cohen Name: Mark Cohen Title: Managing Member
Stock symbol
RMBL
Transactions as of
Jun 16, 2023
Transactions value $
$2,611,750
Form type
4
Date filed
6/21/2023, 06:53 PM
Previous filing
Apr 13, 2023
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Purchase $733K +75K +4.17% $9.77 1.88M Jun 16, 2023 See Footnotes F1, F4, F5, F6
transaction RMBL Class B Common Stock Purchase $1.32M +125K +6.67% $10.58 2M Jun 20, 2023 See Footnotes F2, F4, F5, F6
transaction RMBL Class B Common Stock Purchase $557K +50K +2.5% $11.13 2.05M Jun 21, 2023 See Footnotes F3, F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $9.16 to $10.50, inclusive. The reporting persons undertake to provide to issuer, any security holder of the issuer or the staff of the U.S. Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares acquired in the trades at each separate price within the range set forth in this footnote.
F2 The price reported is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $9.73 to $11.00, inclusive. The reporting persons undertake to provide to issuer, any security holder of the issuer or the staff of the SEC, upon request, full information regarding the number of shares acquired in the trades at each separate price within the range set forth in this footnote.
F3 The price reported is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $10.38 to $11.54, inclusive. The reporting persons undertake to provide to issuer, any security holder of the issuer or the staff of the SEC, upon request, full information regarding the number of shares acquired in the trades at each separate price within the range set forth in this footnote.
F4 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.
F5 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.
F6 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 Index 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).