Timmie Hong - Nov 7, 2024 Form 4 Insider Report for MONEYLION INC. (ML)

Role
Chief Product Officer
Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Timmie Hong
Stock symbol
ML
Transactions as of
Nov 7, 2024
Transactions value $
-$618,000
Form type
4
Date filed
11/8/2024, 05:43 PM
Previous filing
Oct 17, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Options Exercise $49.5K +7.5K +7.26% $6.60 111K Nov 7, 2024 Direct F1
transaction ML Class A Common Stock Options Exercise $45K +3.75K +3.38% $12.00 115K Nov 7, 2024 Direct F1
transaction ML Class A Common Stock Sale -$450K -7.5K -6.54% $60.00 107K Nov 7, 2024 Direct F1, F2
transaction ML Class A Common Stock Sale -$263K -3.75K -3.5% $70.00 103K Nov 7, 2024 Direct F1, F2

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 -7.5K -44.44% $0.00 9.38K Nov 7, 2024 Class A Common Stock 7.5K $6.60 Direct F3
transaction ML Stock Options (Right to Buy) Options Exercise $0 -3.75K -24.73% $0.00 11.4K Nov 7, 2024 Class A Common Stock 3.75K $12.00 Direct F4
* 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 Includes restricted stock units and performance share units, each of which represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share, of MoneyLion Inc. and the acquisitions of which were previously reported in Table I of the Reporting Person's prior Forms 4.
F2 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 14, 2024.
F3 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.
F4 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.