David Michery - Feb 16, 2023 Form 4 Insider Report for MULLEN AUTOMOTIVE INC. (MULN)

Signature
/s/ David Michery
Stock symbol
MULN
Transactions as of
Feb 16, 2023
Transactions value $
-$5,016,276
Form type
4
Date filed
2/17/2023, 05:31 PM
Previous filing
Jan 19, 2023
Next filing
Jul 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MULN Common Stock Gift $0 -5M -4.47% $0.00 107M Feb 16, 2023 Direct
transaction MULN Common Stock Other -$290K -1M -0.94% $0.29 106M Feb 16, 2023 Direct F1, F2
transaction MULN Common Stock Award $0 +6M +5.66% $0.00 112M Feb 16, 2023 Direct F3
transaction MULN Common Stock Award $0 +16.7M +14.91% $0.00 129M Feb 16, 2023 Direct F4
transaction MULN Common Stock Sale -$4.73M -14.9M -11.62% $0.32 114M Feb 16, 2023 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transfer of shares.
F2 The price represents the closing price of Issuer's common stock on the date of transfer. No cash consideration was received by the Reporting Person.
F3 Award of common stock pursuant to Issuer's 2022 Equity Incentive Plan.
F4 Shares issued pursuant to a Performance Stock Award Agreement dated May 5, 2022.
F5 Aggregate number of shares sold on the same date at different prices.
F6 Represents the weighted average sales price. The shares were sold in multiple transactions at prices ranging from $0.2967 to $0.3389, inclusive, per share. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, Issuer or any security holder, upon request.