Timmie Hong - Mar 18, 2022 Form 4 Insider Report for MONEYLION INC. (ML)

Role: Chief Product Officer
Signature: /s/ Adam VanWagner, as Attorney-in-Fact for Timmie Hong
Stock symbol: ML
Transactions as of: Mar 18, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/18/2022, 07:02 PM
Previous filing: Sep 24, 2021
Next filing: May 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ML	Class A Common Stock	Award	$0	+451K	+31.43%	$0.00	1.89M	Mar 18, 2022	Direct	F1
transaction	ML	Class A Common Stock	Award	$0	+1.43M	+318.17%	$0.00	1.89M	Mar 18, 2022	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents restricted stock units ("RSUs") that were granted to the Reporting Person by the Compensation Committee (the "Committee") of the Board of Directors of the Company, each of which represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Company. The RSUs will vest quarterly in twelve equal installments beginning on the last day of the three-month period beginning on February 15, 2022, subject to the Reporting Person's continued service with the Company or one of its subsidiaries through the applicable vesting date.
F2	Represents performance share awards ("PSUs") that were granted to the Reporting Person by the Committee, each of which represents a contingent right to receive one share of Class A Common Stock of the Company. Subject to the Reporting Person's continued service with the Company or one of its subsidiaries through the applicable vesting date, the PSUs will vest upon both the achievement of certain share price-based performance conditions at any time within the four years following the grant date, as well as the following time-based vesting criteria: 50% of the PSUs become eligible to vest upon the achievement of the performance conditions on the first anniversary of the grant date, an additional 25% of the PSUs become eligible to vest upon the achievement of the performance conditions on the second anniversary of the grant date, and the remaining 25% of the PSUs become eligible to vest upon the achievement of the performance conditions on the third anniversary of the grant date. Upon the occurrence of a "Change in Control" (as defined in the Company's Omnibus Incentive Plan), the time-based vesting condition shall be determined to have been met, and the share price-based performance conditions will be determined in accordance with the share price on the closing date of such Change in Control.

Content

Represents restricted stock units ("RSUs") that were granted to the Reporting Person by the Compensation Committee (the "Committee") of the Board of Directors of the Company, each of which represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Company. The RSUs will vest quarterly in twelve equal installments beginning on the last day of the three-month period beginning on February 15, 2022, subject to the Reporting Person's continued service with the Company or one of its subsidiaries through the applicable vesting date.

Represents performance share awards ("PSUs") that were granted to the Reporting Person by the Committee, each of which represents a contingent right to receive one share of Class A Common Stock of the Company. Subject to the Reporting Person's continued service with the Company or one of its subsidiaries through the applicable vesting date, the PSUs will vest upon both the achievement of certain share price-based performance conditions at any time within the four years following the grant date, as well as the following time-based vesting criteria: 50% of the PSUs become eligible to vest upon the achievement of the performance conditions on the first anniversary of the grant date, an additional 25% of the PSUs become eligible to vest upon the achievement of the performance conditions on the second anniversary of the grant date, and the remaining 25% of the PSUs become eligible to vest upon the achievement of the performance conditions on the third anniversary of the grant date. Upon the occurrence of a "Change in Control" (as defined in the Company's Omnibus Incentive Plan), the time-based vesting condition shall be determined to have been met, and the share price-based performance conditions will be determined in accordance with the share price on the closing date of such Change in Control.