Richard Correia - Sep 12, 2022 Form 4 Insider Report for MONEYLION INC. (ML)

Role: CFO and Treasurer
Signature: /s/ Adam VanWagner, as Attorney-in-Fact for Richard Correia
Stock symbol: ML
Transactions as of: Sep 12, 2022
Transactions value $: -$206,250
Form type: 4
Date filed: 9/14/2022, 08:00 PM
Previous filing: Aug 17, 2022
Next filing: Nov 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ML	Class A Common Stock	Options Exercise	$23K	+177K	+5.27%	$0.13	3.54M	Sep 12, 2022	Direct	F1
transaction	ML	Class A Common Stock	Tax liability	-$32.5K	-22.5K	-0.64%	$1.45	3.51M	Sep 12, 2022	Direct	F1, F2, F3
transaction	ML	Class A Common Stock	Sale	-$197K	-136K	-3.86%	$1.45	3.38M	Sep 12, 2022	Direct	F1, F4

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)	Options Exercise	$0	-177K	-12.45%	$0.00	1.25M	Sep 12, 2022	Class A Common Stock	177K	$0.13	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Includes RSUs and performance share units, 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 MoneyLion Inc. (the "Company") and the acquisition of which was previously reported in Table I of the Reporting Person's Form 4 on March 18, 2022.
F2	Represents shares of Class A Common Stock sold to cover the exercise price and payment of the tax liabilities of the Reporting Person related to the exercise of 177,050 stock options, as reported on this Form 4.
F3	The shares of Class A Common Stock were sold in multiple trades at prices ranging from $1.41 to $1.47 per share, inclusive. The price reported in Column 4 reflects the weighted average price per share. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Company or any security holder of the Company, upon request, full information regarding the number of shares purchased at each separate price.
F4	The shares of Class A Common Stock were sold in multiple trades at prices ranging from $1.42 to $1.47 per share, inclusive. The price reported in Column 4 reflects the weighted average price per share. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Company or any security holder of the Company, upon request, full information regarding the number of shares purchased at each separate price.
F5	25% of the stock option award vested on the first anniversary of December 31, 2016, and the remaining stock option award vested in equal monthly installments thereafter until fully vested on the fourth anniversary of such date.