Diwakar Choubey - Nov 29, 2023 Form 4 Insider Report for MONEYLION INC. (ML)

Role
CEO and Director, Director
Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Diwakar Choubey
Stock symbol
ML
Transactions as of
Nov 29, 2023
Transactions value $
-$107,715
Form type
4
Date filed
12/1/2023, 08:00 PM
Previous filing
Nov 22, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Tax liability -$108K -2.81K -0.4% $38.36 697K Nov 29, 2023 Direct F1, F2
holding ML Class A Common Stock 12.6K Nov 29, 2023 By Spouse
holding ML Class A Common Stock 27.3K Nov 29, 2023 By FIG Growth Trust F3
holding ML Class A Common Stock 27.3K Nov 29, 2023 By FIG Heritage Trust I F3
holding ML Class A Common Stock 28.7K Nov 29, 2023 By FIG Heritage Trust 2 F3
holding ML Class A Common Stock 28.7K Nov 29, 2023 By FIG Heritage Trust 3 F3
* 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 (the "Class A Common Stock"), of MoneyLion Inc. (the "Company") withheld to cover payment of the tax liabilities of the Reporting Person related to the vesting of 5,500 performance share units ("PSUs"), the acquisition of which was previously reported in Table I of the Reporting Person's prior Form 4 filed on August 29, 2023.
F2 Includes restricted stock units and PSUs, 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.
F3 The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.

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.