Diwakar Choubey - 26 Nov 2024 Form 4 Insider Report for MONEYLION INC. (ML)

Signature
/s/ Adam VanWagner, as Attorney-in-Fact for Diwakar Choubey
Issuer symbol
ML
Transactions as of
26 Nov 2024
Net transactions value
-$1,614,834
Form type
4
Filing time
20 Feb 2025, 20:21:27 UTC
Previous filing
15 Nov 2024
Next filing
02 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ML Class A Common Stock Other $0 -5,906 -24% $0.000000 18,527 26 Nov 2024 By Spouse F1
transaction ML Class A Common Stock Gift $0 -122,000 -17% $0.000000 579,371 29 Jan 2025 Direct F2
transaction ML Class A Common Stock Gift $0 +122,000 $0.000000 122,000 29 Jan 2025 By Choubey Charitable Trust F2, F10
transaction ML Class A Common Stock Gift $0 -160,000 -28% $0.000000 419,371 29 Jan 2025 Direct F3
transaction ML Class A Common Stock Gift $0 +160,000 +864% $0.000000 178,527 29 Jan 2025 By Spouse F3
transaction ML Class A Common Stock Gift $0 -76,000 -18% $0.000000 343,371 29 Jan 2025 Direct F4
transaction ML Class A Common Stock Gift $0 +76,000 +278% $0.000000 103,346 29 Jan 2025 By FIG Heritage Trust 1 F4, F10
transaction ML Class A Common Stock Gift $0 -4,000 -1.2% $0.000000 339,371 12 Feb 2025 Direct F5
transaction ML Class A Common Stock Gift $0 +4,000 +3.9% $0.000000 107,346 12 Feb 2025 By FIG Heritage Trust 1 F5, F10
transaction ML Class A Common Stock Gift $0 -15,000 -8.4% $0.000000 163,527 12 Feb 2025 By Spouse F6
transaction ML Class A Common Stock Gift $0 +15,000 +52% $0.000000 43,713 12 Feb 2025 By FIG Heritage Trust 2 F6, F10
transaction ML Class A Common Stock Gift $0 -15,000 -9.2% $0.000000 148,527 12 Feb 2025 By Spouse F7
transaction ML Class A Common Stock Gift $0 +15,000 +52% $0.000000 43,713 12 Feb 2025 By FIG Heritage Trust 3 F7, F10
transaction ML Class A Common Stock Gift $0 -122,000 -82% $0.000000 26,527 13 Feb 2025 By Spouse F8
transaction ML Class A Common Stock Gift $0 +122,000 +216% $0.000000 178,527 13 Feb 2025 By FIG Heritage Trust 4 F8, F10
transaction ML Class A Common Stock Sale $1,614,834 -18,506 -5.5% $87.26 320,865 18 Feb 2025 Direct F9, F11
holding ML Class A Common Stock 26,527 26 Nov 2024 By Spouse
holding ML Class A Common Stock 122,000 26 Nov 2024 By Choubey Charitable Trust F10
holding ML Class A Common Stock 107,346 26 Nov 2024 By FIG Heritage Trust 1 F10
holding ML Class A Common Stock 43,713 26 Nov 2024 By FIG Heritage Trust 2 F10
holding ML Class A Common Stock 43,713 26 Nov 2024 By FIG Heritage Trust 3 F10
holding ML Class A Common Stock 122,000 26 Nov 2024 By FIG Heritage Trust 4 F10
* 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 5,906 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock") of MoneyLion Inc. (the "Company") distributed to the Reporting Person's spouse for no consideration pursuant to a pro rata distribution by Telluride Capital Ventures, LLC.
F2 The Reporting Person transferred 120,000 shares of Class A Common Stock to the Choubey Charitable Trust for no consideration. The Reporting Person is trustee of the trust. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F3 This transaction involved the Reporting Person's gift of 160,000 shares of Class A Common Stock to his spouse. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F4 The Reporting Person transferred 76,000 shares of Class A Common Stock to the FIG Heritage Trust 1 for no consideration. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F5 The Reporting Person transferred 4,000 shares of Class A Common Stock to the FIG Heritage Trust 1 for no consideration. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F6 The Reporting Person's spouse transferred 15,000 shares of Class A Common Stock to the FIG Heritage Trust 2 for no consideration. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F7 The Reporting Person's spouse transferred 15,000 shares of Class A Common Stock to the FIG Heritage Trust 3 for no consideration. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F8 The Reporting Person's spouse transferred 122,000 shares of Class A Common Stock to the FIG Heritage Trust 4 for no consideration. The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F9 Represents shares of Class A Common Stock of Company which were automatically sold to cover payment of the tax liabilities of the Reporting Person relating to the vesting of 37,451 RSUs and PSUs pursuant to a mandatory instruction in the award agreement adopted by the Reporting Person, effective as of July 30, 2024, that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Securities Exchange Act of 1934. The acquisition of the RSUs and PSUs were previously reported in Table I of the Reporting Person's Prior Form 4s.
F10 The Reporting Person disclaims beneficial ownership except to the extent of his pecuniary interest therein.
F11 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 Form 4s.