Diwakar Choubey - 31 Dec 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
Issuer symbol: ML
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 22 Mar 2022, 21:55:09 UTC
Previous filing: 24 Sep 2021
Next filing: 16 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ML	Class A Common Stock	Other	$0	+9,795	+11%	$0.000000	97,970	31 Dec 2021	By Spouse	F2
transaction	ML	Class A Common Stock	Exercise of in-the-money or at-the-money derivative security		+27,214	+28%		125,184	25 Feb 2022	By Spouse	F10
transaction	ML	Class A Common Stock	Exercise of in-the-money or at-the-money derivative security		+253,477	+202%		378,661	03 Mar 2022	By Spouse	F10
holding	ML	Class A Common Stock						18,805,309	31 Dec 2021	Direct	F1
holding	ML	Class A Common Stock						820,390	31 Dec 2021	By FIG Growth Trust	F3
holding	ML	Class A Common Stock						820,390	31 Dec 2021	By FIG Heritage Trust I	F3
holding	ML	Class A Common Stock						861,409	31 Dec 2021	By FIG Heritage Trust 2	F3
holding	ML	Class A Common Stock						861,409	31 Dec 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		-27,214	-6.8%		371,741	25 Feb 2022	Class A Common Stock	27,214	$0.7800	By Spouse	F9, F10
transaction	ML	Stock Options (Right to Buy)	Exercise of in-the-money or at-the-money derivative security		-253,477	-100%		0	03 Mar 2022	Class A Common Stock	253,477	$0.7800	By Spouse	F9, F10
holding	ML	Stock Options (Right to Buy)						1,476,701	31 Dec 2021	Class A Common Stock	1,476,701	$0.2200	Direct	F4
holding	ML	Stock Options (Right to Buy)						459,451	31 Dec 2021	Class A Common Stock	459,451	$0.4000	Direct	F5
holding	ML	Stock Options (Right to Buy)						2,461,169	31 Dec 2021	Class A Common Stock	2,461,169	$0.4000	Direct	F6
holding	ML	Stock Options (Right to Buy)						164,078	31 Dec 2021	Class A Common Stock	164,078	$0.5900	Direct	F7
holding	ML	Stock Options (Right to Buy)						1,944,045	31 Dec 2021	Class A Common Stock	1,944,045	$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.