Beverley Rath - Jul 2, 2021 Form 4 Insider Report for RumbleON, Inc. (RMBL)

Role
Interim CFO
Signature
/s/ Beverley Rath
Stock symbol
RMBL
Transactions as of
Jul 2, 2021
Transactions value $
$0
Form type
4
Date filed
7/7/2021, 09:24 PM
Previous filing
Jun 28, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RMBL Class B Common Stock Options Exercise +56 +1.24% 4.57K Jul 2, 2021 Direct F1

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 Options Exercise $0 -56 -12.96% $0.00 376 Jul 2, 2021 Common Stock 56 Direct F2, F3
holding RMBL Restricted Stock Units 500 Jul 2, 2021 Common Stock 500 Direct F2, F4
holding RMBL Restricted Stock Units 4.89K Jul 2, 2021 Common Stock 4.89K 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 RumbleOn, Inc. Class B Common Stock received upon the vesting of Restricted Stock Units ("RSUs"). The shares were delivered on July 2, 2021.
F2 Each RSU represents a contingent right to receive one share of Class B Common Stock.
F3 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.
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.