Adam VanWagner - Nov 21, 2023 Form 4 Insider Report for MONEYLION INC. (ML)

Role
CLO and Secretary
Signature
/s/ Adam VanWagner
Stock symbol
ML
Transactions as of
Nov 21, 2023
Transactions value $
-$194,412
Form type
4
Date filed
11/22/2023, 08:01 PM
Previous filing
Nov 17, 2023
Next filing
Dec 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Sale -$194K -5.75K -6.07% $33.82 88.9K Nov 21, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), of MoneyLion Inc. (the "Company") were sold in multiple trades at prices ranging from $33.6000 to $34.1650 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.
F2 Includes restricted stock units and performance share units, each of which represents a contingent right to receive one share of Class A Common Stock and the acquisition of which was previously reported in Table I of the Reporting Person's prior Form 4s.

Remarks:

On April 24, 2023, the Company effected a reverse stock split (the "Reverse Stock Split") of the Class A Common Stock pursuant to which every 30 shares of Class A Common Stock were automatically reclassified into one new share of Class A Common Stock. Proportionate adjustments were made to the Company's outstanding equity awards as well as the exercise, grant and acquisition prices of such equity awards, as applicable. Accordingly, all amounts of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.