Mark Torossian - Mar 11, 2024 Form 4 Insider Report for MONEYLION INC. (ML)

Role
Chief Accounting Officer
Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Mark Torossian
Stock symbol
ML
Transactions as of
Mar 11, 2024
Transactions value $
-$135,178
Form type
4
Date filed
3/13/2024, 08:01 PM
Previous filing
Mar 8, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Sale -$95.5K -1.42K -5.47% $67.22 24.6K Mar 11, 2024 Direct F1, F3
transaction ML Class A Common Stock Sale -$36.7K -537 -2.19% $68.42 24K Mar 11, 2024 Direct F2, F3
transaction ML Class A Common Stock Sale -$2.07K -30 -0.12% $69.00 24K Mar 11, 2024 Direct F3
transaction ML Class A Common Stock Sale -$849 -12 -0.05% $70.73 24K Mar 11, 2024 Direct F3
* 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 ("Class A Common Stock"), of MoneyLion Inc. (the "Company") were sold in multiple trades at prices ranging from $66.96 to $67.71 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 The shares of Class A Common Stock were sold in multiple trades at prices ranging from $68.00 to $68.68 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.
F3 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 Forms 3/4.

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.