RRTS

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from December 31, 2018 to December 31, 2019 Issuance of restricted stock units, net of taxes paid Issuance of common stock

from June 30, 2019 to September 30, 2019 Issuance of restricted stock units, net of taxes paid

From March 31, 2019 to June 30, 2019 Issuance of restricted stock units, net of taxes paid

Roadrunner Transportation Systems, Inc. ("Roadrunner" or the "company") (NYSE:RRTS), a leading asset-right transportation and asset-light logistics service provider, today announced that its board of directors and the holders of a majority of the issued and outstanding shares of the company's common stock approved a 1-for-25 reverse split of the company's issued and outstanding shares of common stock. The 1-for-25 reverse stock split will be effective upon the filing and effectiveness of a certificate of amendment to Roadrunner's amended and restated certificate of incorporation after the market closes on April 4, 2019, and Roadrunner's common stock will begin trading on a split-adjusted basis when the market opens on April 5, 2019. When the reverse stock split becomes effective, every 25 shares of Roadrunner's issued and outstanding common stock will automatically be converted into one share of common stock.

On February 26, 2019, the Company closed its previously announced fully backstopped $450 million rights offering, pursuant to which the Company issued and sold an aggregate of 900 million new shares of its common stock at the subscription price of $0.50 per share. An aggregate of 177,676,223 shares of the Company's common stock were purchased pursuant to the exercise of basic subscription rights and over-subscription rights from stockholders of record during the subscription period, including from the exercise of basic subscription rights by stockholders who are affiliates of Elliott. In addition, Elliott purchased an aggregate of 722,323,777 additional shares pursuant to the previously announced commitment from Elliott to purchase all unsubscribed shares of the Company's common stock in the rights offering pursuant to the Standby Purchase Agreement that the Company entered into with Elliott dated November 8, 2018, as amended. Overall, Elliott purchased a total of 843,632,693 shares of the Company's common stock in the rights offering between its basic subscription rights and the backstop commitment, and following the closing of the rights offering beneficially owned approximately 90.4% of the Company's common stock.

From December 31, 2017 to December 31, 2018 Issuance of restricted stock units, net of taxes paid Exercise of warrants

From December 31, 2016 to December 31, 2017 Issuance of restricted stock units, net of taxes paid

From December 31, 2015 to December 31, 2016 Issuance of restricted stock units, net of taxes paid

From December 31, 2014 to November 4, 2015 Issuance of Common Stock

from December 31, 2013 to Novembe 05, 2014 Issuance of Common Stock

from December 31, 2012 to December 31, 2013 Issuance of Common Stock

from December 31, 2011 to December 31, 2012 Issuance of Common Stock

from December 31, 2010 to December 31, 2011 Issuance of Common Stock

from December 31, 2009 to December 31, 2010 Conversion of Series B Convertible Preferred Stock to Common Stock Issuance of Common Stock Conversion of Class A Common Stock to Common Stock Conversion of Class B Common Stock to Common Stock