Daniel V. Leff - Jun 15, 2023 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
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 04:32 PM
Previous filing
Jun 10, 2022
Next filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUBO Common Stock Options Exercise +66.1K +87.68% 141K Jun 15, 2023 Direct F1
holding FUBO Common Stock 2.57M Jun 15, 2023 See footnote F2
holding FUBO Common Stock 1.35M Jun 15, 2023 See footnote F3
holding FUBO Common Stock 598K Jun 15, 2023 See footnote F4

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 -66.1K -100% $0.00* 0 Jun 15, 2023 Common Stock 66.1K Direct F1, F5
transaction FUBO Restricted Stock Units Award $0 +130K $0.00 130K Jun 15, 2023 Common Stock 130K Direct F1, F6
* 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 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.
F3 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.
F4 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.
F5 On June 9, 2022, the Reporting Person was granted 66,061 RSUs, vesting on the earlier of (i) June 9, 2023 and (ii) one day prior to the Company's 2023 annual meeting of shareholders.
F6 The RSUs vest on the earlier of (i) June 15, 2024 and (ii) one day prior to the Company's 2024 annual meeting of shareholders, subject to the Reporting Person's continued service with the Company through such vesting date.