Kevin P. Westfall - Jul 2, 2021 Form 4 Insider Report for RumbleON, Inc. (RMBL)

Role
Director
Signature
/s/ Kevin P. Westfall
Stock symbol
RMBL
Transactions as of
Jul 2, 2021
Transactions value $
$0
Form type
4
Date filed
7/7/2021, 09:26 PM
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 +1.23K +5.49% 23.7K 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 -1.23K -33.33% $0.00 2.46K Jul 2, 2021 Class B Common Stock 2.46K Direct F2, F3
holding RMBL Restricted Stock Units 875 Jul 2, 2021 Class B Common Stock 875 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 Issuer Class B Common Stock received upon vesting of Restricted Stock Units ("RSUs")
F2 Each RSU represents a contingent right to receive one share of RMBL Class B Common Stock.
F3 4,928 RSUs were granted to the reporting person on January 5, 2021. These RSUs vest in 12 equal monthly installments, which began January 31, 2021 and will be delivered quarterly, which began on March 31, 2021. The RSUs are subject to pro rata vesting and delivery if the Reporting Person leaves the Board of Directors before the end of any vesting period.
F4 4,250 RSUs were granted to the Reporting Person on June 25, 2018 and 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 day 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.