James Jian Liu - Jan 1, 2023 Form 3 Insider Report for Renren Inc. (MTBL)

Role
Chief Operating Officer, Director
Signature
/s/ Randall Xu, Attorney-In-Fact
Stock symbol
MTBL
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
3
Date filed
1/3/2023, 04:58 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MTBL Class A Ordinary Shares 2 Jan 1, 2023 Direct
holding MTBL American Depositary Shares 1.53M Jan 1, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each American depositary share ("ADS") represents 45 Class A ordinary shares, par value US $0.001 per share, of the Issuer. The number of ADSs reported herein includes 948,260 time-based restricted stock units (the "RSUs"), and 3,712,950 RSUs, which will vest in equal monthly installments over the next 19 months, and the next 18 months, respectively. Each RSU represents a contingent right to receive one Class A ordinary share. Subject to tax withholding, the Issuer will deliver one ADS to the Reporting Person for every 45 vested RSUs.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney