Richard Correia - Jun 12, 2024 Form 4 Insider Report for MONEYLION INC. (ML)

Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Richard Correia
Stock symbol
ML
Transactions as of
Jun 12, 2024
Transactions value $
-$2,592,256
Form type
4
Date filed
6/13/2024, 08:00 PM
Previous filing
May 15, 2024
Next filing
Aug 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Sale -$97.6K -1.1K -0.42% $88.38 260K Jun 12, 2024 Direct F1, F2, F3
transaction ML Class A Common Stock Sale -$826K -9.23K -3.55% $89.56 251K Jun 12, 2024 Direct F1, F3, F4
transaction ML Class A Common Stock Sale -$954K -10.5K -4.2% $90.49 240K Jun 12, 2024 Direct F1, F3, F5
transaction ML Class A Common Stock Sale -$605K -6.62K -2.76% $91.48 234K Jun 12, 2024 Direct F1, F3, F6
transaction ML Class A Common Stock Sale -$109K -1.19K -0.51% $92.02 232K Jun 12, 2024 Direct F1, F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares sold pursuant to a written trading plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934, adopted by the Reporting Person on March 13, 2024.
F2 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 $87.80 to $88.75 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 were previously reported in Table I of the Reporting Person's prior Forms 4.
F4 The shares of Class A Common Stock were sold in multiple trades at prices ranging from $89.00 to $89.97 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 $90.00 to $90.98 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 $91.00 to $91.97 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 $92.00 to $92.29 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.