Daniel V. Leff - Jul 13, 2021 Form 4 Insider Report for fuboTV Inc. /FL (FUBO)

Role
Director
Signature
/s/ David Gandler, as Attorney-in-Fact
Stock symbol
FUBO
Transactions as of
Jul 13, 2021
Transactions value $
$0
Form type
4
Date filed
7/15/2021, 08:35 PM
Previous filing
Jul 8, 2021
Next filing
Jul 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUBO Common Stock Options Exercise +10.5K +18.35% 67.7K Jul 13, 2021 Direct F1, F2
holding FUBO Common Stock 2.57M Jul 13, 2021 See footnote F3, F4
holding FUBO Common Stock 1.35M Jul 13, 2021 See footnote F3, F5
holding FUBO Common Stock 598K Jul 13, 2021 See footnote F3, F6

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 FUBO Restricted Stock Units Options Exercise $0 -10.5K -100% $0.00* 0 Jul 13, 2021 Common Stock 10.5K Direct F1, F7
transaction FUBO Restricted Stock Units Award $0 +7.52K $0.00 7.52K Jul 14, 2021 Common Stock 7.52K Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of fuboTV Inc. common stock.
F2 Includes 57,172 shares of common stock received from Luminari Capital, Waverley Capital and WL fuboTV (each as defined below) in pro rata distributions-in-kind.
F3 The Amount of Securities Beneficially Owned Following Reported Transaction reflects a pro rata distribution in kind by the funds to their respective partners.
F4 Dr. Leff does not own these shares in his individual capacity. These shares are owned directly by Luminari Capital, L.P. ("Luminari Capital"). The general partner of Luminari Capital is Luminari Capital Partners, LLC. Dr. Leff, as managing member of Luminari Capital Partners, LLC, may be deemed to have shared voting and investment power with respect to these securities. Each of Dr. Leff, and Luminari Capital Partners, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission by any of them of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F5 Dr. Leff does not own these shares in his individual capacity. These shares are owned directly by Waverley Capital LP ("Waverley Capital"). The general partner of Waverley Capital is Waverley Capital Partners, LLC. Dr. Leff, as Managing Partner, and Edgar Bronfman, as Chairman and General Partner of Waverley Capital Partners, LLC, may be deemed to have shared voting and investment power with respect to these securities. Each of Dr. Leff, Mr. Bronfman and Waverley Capital Partners, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission by any of them of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F6 Dr. Leff does not own these shares in his individual capacity. These shares are owned directly by WL fuboTV, LP ("WL fuboTV"). The general partner of WL fuboTV is WL fuboTV GP, LLC. Dr. Leff and Mr. Bronfman, as managing members of WL fuboTV GP, LLC, may be deemed to have shared voting and investment power with respect to these shares. Each of Dr. Leff, Mr. Bronfman and WL fuboTV GP, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein and the inclusion of these securities in this report shall not be deemed an admission by any of them of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F7 On February 3, 2021, the reporting person was granted 10,492 restricted stock units, on the earlier to occur of (i) December 14, 2021 or (ii) the date immediately preceding the Issuer's next annual meeting of shareholders occurring after the grant date.
F8 The RSUs vest on the earlier of (i) July 14, 2022 and (ii) one day prior to the Company's 2022 annual meeting of shareholders, subject to the Reporting Person's continued service with the Issuer through such vesting date.