Henry He Li - Jan 1, 2023 Form 3 Insider Report for Renren Inc. (MTBL)

Role: Vice President of Technology
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, 05:03 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MTBL	American Depositary Shares						224K	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 3,426,255 time-based restricted stock units (the "RSUs"), which will vest in equal monthly installments over the next 19 months. 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.

Content

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 3,426,255 time-based restricted stock units (the "RSUs"), which will vest in equal monthly installments over the next 19 months. 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