Richard Correia - 13 May 2024 Form 4 Insider Report for MONEYLION INC. (ML)

Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Richard Correia
Issuer symbol
ML
Transactions as of
13 May 2024
Net transactions value
-$2,118,336
Form type
4
Filing time
15 May 2024, 20:04:19 UTC
Previous filing
13 Mar 2024
Next filing
13 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Sale $142,155 -1,779 -0.68% $79.91 260,702 13 May 2024 Direct F1, F2
transaction ML Class A Common Stock Sale $177,817 -2,200 -0.84% $80.83 258,502 13 May 2024 Direct F2, F3
transaction ML Class A Common Stock Sale $118,641 -1,447 -0.56% $81.99 257,055 13 May 2024 Direct F2, F4
transaction ML Class A Common Stock Sale $61,119 -737 -0.29% $82.93 256,318 13 May 2024 Direct F2, F5
transaction ML Class A Common Stock Options Exercise $4,059 +615 +0.24% $6.60* 256,933 13 May 2024 Direct F2
transaction ML Class A Common Stock Sale $51,205 -615 -0.24% $83.26 256,318 13 May 2024 Direct F2, F6
transaction ML Class A Common Stock Options Exercise $49,883 +7,558 +2.9% $6.60* 263,876 14 May 2024 Direct F2
transaction ML Class A Common Stock Sale $497,198 -6,171 -2.3% $80.57 257,705 14 May 2024 Direct F2, F7
transaction ML Class A Common Stock Sale $112,752 -1,387 -0.54% $81.29 256,318 14 May 2024 Direct F2, F8
transaction ML Class A Common Stock Options Exercise $199,020 +16,585 +6.5% $12.00 272,903 14 May 2024 Direct F2
transaction ML Class A Common Stock Sale $199,394 -2,489 -0.91% $80.11 270,414 14 May 2024 Direct F2, F9
transaction ML Class A Common Stock Options Exercise $43,320 +3,610 +1.3% $12.00 274,024 14 May 2024 Direct F2
transaction ML Class A Common Stock Sale $43,420 -542 -0.2% $80.11 273,482 14 May 2024 Direct F2, F10
transaction ML Class A Common Stock Tax liability $1,010,917 -12,482 -4.6% $80.99 261,000 15 May 2024 Direct F1, F11

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 -615 -7.5% $0.000000 7,558 13 May 2024 Class A Common Stock 615 $6.60 Direct F12
transaction ML Stock Options (Right to Buy) Options Exercise $0 -7,558 -100% $0.000000* 0 14 May 2024 Class A Common Stock 7,558 $6.60 Direct F12
transaction ML Stock Options (Right to Buy) Options Exercise $0 -16,585 -100% $0.000000* 0 14 May 2024 Class A Common Stock 16,585 $12.00 Direct F13
transaction ML Stock Options (Right to Buy) Options Exercise $0 -3,610 -100% $0.000000* 0 14 May 2024 Class A Common Stock 3,610 $12.00 Direct F14
* 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 $79.30 to $80.21 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 ("RSUs") and performance share units ("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 shares of Class A Common Stock were sold in multiple trades at prices ranging from $80.35 to $81.31 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 $81.51 to $82.50 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 The shares of Class A Common Stock were sold in multiple trades at prices ranging from $82.61 to $83.54 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.
F6 The shares of Class A Common Stock were sold in multiple trades at prices ranging from $83.02 to $83.46 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.
F7 The shares of Class A Common Stock were sold in multiple trades at prices ranging from $80.02 to $81.00 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.
F8 The shares of Class A Common Stock were sold in multiple trades at prices ranging from $81.02 to $81.71 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.
F9 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 16,585 stock options, as reported on this Form 4.
F10 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 3,610 stock options, as reported on this Form 4.
F11 Represents shares of Class A Common Stock withheld to cover payment of the tax liabilities of the Reporting Person related to the vesting of 24,444 RSUs and PSUs, the acquisition of which were previously reported in Table I of the Reporting Person's prior Form 4s.
F12 25% of the stock option award vested on the first anniversary of November 15, 2017, and the remaining stock option award vested in equal monthly installments thereafter until fully vested on the fourth anniversary of such date.
F13 25% of the stock option award vested on the first anniversary of September 21, 2019, and the remaining stock option award vested in equal monthly installments thereafter until fully vested on the fourth anniversary of such date.
F14 25% of the stock option award vested on the first anniversary of November 1, 2018, and the remaining stock option award vested in equal monthly installments thereafter until fully vested on the fourth anniversary of such date.