Mark Torossian - Mar 17, 2023 Form 4 Insider Report for MONEYLION INC. (ML)

Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Mark Torossian
Stock symbol
ML
Transactions as of
Mar 17, 2023
Transactions value $
$0
Form type
4
Date filed
3/17/2023, 08:03 PM
Previous filing
Feb 17, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Award $0 -162K -31.93% $0.00 345K Mar 17, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of MoneyLion Inc. (the "Company") underlying 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. One-third of the RSUs will vest on February 15, 2024. The remaining RSUs will vest quarterly in eight equal installments over two years on the 15th day of each May, August, November and February beginning thereafter, subject to the Reporting Person's continued service with the Company or one of its subsidiaries through the applicable vesting date.
F2 Includes RSUs, each of which represents a contingent right to receive one share of Class A Common Stock and the acquisition of which was previously reported by the Reporting Person.