James D. Reed - Jan 13, 2023 Form 4 Insider Report for Renren Inc. (MTBL)

Role: Director
Signature: /s/ Randall Xu, Attorney-In-Fact
Stock symbol: MTBL
Transactions as of: Jan 13, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/13/2023, 03:26 PM
Previous filing: Jan 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MTBL	American Depositary Shares	Award	$0	+47.8K		$0.00	47.8K	Jan 13, 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 2,153,115 time-based restricted stock units (the "RSUs") granted to the Reporting Person on January 13, 2023, which will vest in equal monthly installments over 48 months with the first vesting date on February 13, 2023. 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 2,153,115 time-based restricted stock units (the "RSUs") granted to the Reporting Person on January 13, 2023, which will vest in equal monthly installments over 48 months with the first vesting date on February 13, 2023. 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.