Gregory DePetris - 22 Sep 2021 Form 4 Insider Report for Fusion Acquisition Corp. (ML)

Role
Director
Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Gregory DePetris
Issuer symbol
ML
Transactions as of
22 Sep 2021
Net transactions value
$0
Form type
4
Filing time
24 Sep 2021, 20:31:13 UTC
Next filing
16 Mar 2022
SEC
View on sec.gov

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 ML Stock Options (Right to Buy) Award $0 +237,355 $0.000000 237,355 22 Sep 2021 Class A Common Stock 237,355 $0.2200 Direct F1
transaction ML Stock Options (Right to Buy) Award $0 +1,230,584 $0.000000 1,230,584 22 Sep 2021 Class A Common Stock 1,230,584 $0.5900 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests 25% on the first anniversary of September 1, 2017 and in equal monthly installments thereafter until it is fully vested on the fourth anniversary of such date. The stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
F2 The option vests 25% on the first anniversary of September 1, 2020 and in equal monthly installments thereafter until it is fully vested on the fourth anniversary of such date. The stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.