Diwakar Choubey - Dec 31, 2021 Form 4 Insider Report for MONEYLION INC. (ML)

Role
CEO, President and Director, Director
Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Diwakar Choubey
Stock symbol
ML
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
4
Date filed
3/22/2022, 09:55 PM
Previous filing
Sep 24, 2021
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Other $0 +9.8K +11.11% $0.00 98K Dec 31, 2021 By Spouse F2
transaction ML Class A Common Stock Exercise of in-the-money or at-the-money derivative security +27.2K +27.78% 125K Feb 25, 2022 By Spouse F10
transaction ML Class A Common Stock Exercise of in-the-money or at-the-money derivative security +253K +202.48% 379K Mar 3, 2022 By Spouse F10
holding ML Class A Common Stock 18.8M Dec 31, 2021 Direct F1
holding ML Class A Common Stock 820K Dec 31, 2021 By FIG Growth Trust F3
holding ML Class A Common Stock 820K Dec 31, 2021 By FIG Heritage Trust I F3
holding ML Class A Common Stock 861K Dec 31, 2021 By FIG Heritage Trust 2 F3
holding ML Class A Common Stock 861K Dec 31, 2021 By FIG Heritage Trust 3 F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ML Stock Options (Right to Buy) Exercise of in-the-money or at-the-money derivative security -27.2K -6.82% 372K Feb 25, 2022 Class A Common Stock 27.2K $0.78 By Spouse F9, F10
transaction ML Stock Options (Right to Buy) Exercise of in-the-money or at-the-money derivative security -253K -100% 0 Mar 3, 2022 Class A Common Stock 253K $0.78 By Spouse F9, F10
holding ML Stock Options (Right to Buy) 1.48M Dec 31, 2021 Class A Common Stock 1.48M $0.22 Direct F4
holding ML Stock Options (Right to Buy) 459K Dec 31, 2021 Class A Common Stock 459K $0.40 Direct F5
holding ML Stock Options (Right to Buy) 2.46M Dec 31, 2021 Class A Common Stock 2.46M $0.40 Direct F6
holding ML Stock Options (Right to Buy) 164K Dec 31, 2021 Class A Common Stock 164K $0.59 Direct F7
holding ML Stock Options (Right to Buy) 1.94M Dec 31, 2021 Class A Common Stock 1.94M $2.58 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of MoneyLion Inc. Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), directly held by the Reporting Person as of the date of this Form 4.
F2 Represents shares of Class A Common Stock received by the Reporting Person's spouse that were released from escrow on December 31, 2021 pursuant to the Agreement and Plan of Merger, dated as of December 31, 2020, by and among MoneyLion Inc., WTI Merger Sub, Inc., Wealth Technologies Inc. and WT IP Holdings, LLC, as agent.
F3 The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein
F4 The stock options fully vested on the fourth anniversary of November 15, 2017. Each stock option was received in the business combination (the "Business Combination") of Fusion Acquisition Corp. and MoneyLion Technologies Inc., formerly known as MoneyLion Inc. ("Legacy ML") in exchange for a stock option to acquire shares of Legacy ML common stock.
F5 The stock options vest 25% on the first anniversary of November 1, 2018 and in equal monthly installments thereafter until they are fully vested on the fourth anniversary of such date. Each stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock
F6 The stock options vest 25% on the first anniversary of September 21, 2019 and in equal monthly installments thereafter until they are fully vested on the fourth anniversary of such date. Each stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
F7 The stock options vest 25% on the first anniversary of May 1, 2020 and in equal monthly installments thereafter until they are fully vested on the fourth anniversary of such date. Each stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
F8 The stock options vest 25% on the first anniversary of February 1, 2021 and in equal monthly installments thereafter until they are fully vested on the fourth anniversary of such date. Each stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
F9 121,893 stock options held by the Reporting Person's spouse were granted on December 31, 2020 and were fully vested, 114,870 stock options held by the Reporting Person's spouse vested on the first anniversary of December 31, 2020, and 162,192 stock options held by the Reporting Person's spouse vest 25% on the first anniversary of December 31, 2020 and in equal monthly installments thereafter until they are fully vested on the fourth anniversary of such date. Each stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
F10 The Reporting Person's spouse exercised 27,214 and 253,477 vested stock options on February 25, 2022 and March 3, 2022, respectively, at an exercise price of $0.78 per stock option.