Calin Popa - 12 Apr 2022 Form 4 Insider Report for MULLEN AUTOMOTIVE INC. (MULN)

Role: Pres. Mullen Automotive
Signature: /s/ Calin Popa
Issuer symbol: MULN
Transactions as of: 12 Apr 2022
Net transactions value: -$164,711
Form type: 4
Filing time: 31 Aug 2022, 21:27:52 UTC
Previous filing: 11 Apr 2022
Next filing: 15 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MULN	Common Stock	Purchase	$386	+150	+0.09%	$2.57	159,879	12 Apr 2022	Direct
transaction	MULN	Common Stock	Purchase	$564	+250	+0.16%	$2.26	160,129	12 Apr 2022	Direct
transaction	MULN	Common Stock	Sale	$165,660	-100,400	-63%	$1.65	59,729	22 Apr 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Although this sale includes certain shares which are matchable to purchases on April 12, 2022, under Section 16(b) of the Securities Exchange Act of 1934, as amended, the sale price is less than the purchase prices, constituting a loss and, as such, there are no profits to disgorge pursuant to Section 16(b). The number of shares sold also includes fully vested shares granted on April 8, 2022, pursuant to Issuer's 2013 Equity Incentive Plan, as amended.

Content

Although this sale includes certain shares which are matchable to purchases on April 12, 2022, under Section 16(b) of the Securities Exchange Act of 1934, as amended, the sale price is less than the purchase prices, constituting a loss and, as such, there are no profits to disgorge pursuant to Section 16(b). The number of shares sold also includes fully vested shares granted on April 8, 2022, pursuant to Issuer's 2013 Equity Incentive Plan, as amended.