David Gandler - Feb 21, 2024 Form 4 Insider Report for fuboTV Inc. /FL (FUBO)

Signature
/s/ David Gandler
Stock symbol
FUBO
Transactions as of
Feb 21, 2024
Transactions value $
-$182,584
Form type
4
Date filed
2/23/2024, 08:36 PM
Previous filing
May 11, 2023
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUBO Common Stock Options Exercise $0 +91.3K +6.9% $0.00 1.41M Feb 21, 2024 Direct F1, F2
transaction FUBO Common Stock Disposed to Issuer -$183K -91.3K -6.46% $2.00 1.32M Feb 21, 2024 Direct F2
holding FUBO Common Stock 653K Feb 21, 2024 See footnote F3
holding FUBO Common Stock 293K Feb 21, 2024 See footnote F4
holding FUBO Common Stock 293K Feb 21, 2024 See footnote F5

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 +91.3K +50% $0.00 274K Feb 21, 2024 Common Stock 91.3K Direct F1, F6
transaction FUBO Restricted Stock Units Award $0 +326K $0.00 326K Feb 21, 2024 Common Stock 326K Direct F1, F7
* 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 On February 20, 2024, the RSUs were settled in cash based on the closing price of the common stock on February 20, 2024, pursuant to the terms of the fuboTV Inc. 2020 Equity Incentive Plan. The Reporting Person did not sell any shares in connection with the transactions reported in this Form 4.
F3 Shares held by David Gandler & Yuriy Boykivttees Diana Gandler 2020 Family Irrevocable Trust u/a dtd 09-30-20. The Reporting Person is a beneficiary of this trust and has voting and investment power over this trust.
F4 Shares held by Yuriy Boykiv Trustee Chloe Gandler 2020 Irrevocable Trust u/a dtd 09-30-2020. The Reporting Person has voting and investment power over this trust.
F5 Shares held by Yuriy Boykiv Trustee Forest Gandler 2020 Irrevocable Trust u/a dtd 09-30-2020. The Reporting Person has voting and investment power over this trust.
F6 The remaining RSUs vest in three annual installments on February 20, 2025, February 20, 2026 and February 20, 2027, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F7 The Issuer previously granted the Reporting Person an award of restricted stock units that vest based on the Issuer's satisfaction of certain performance objectives. On February 21, 2024, the performance condition was determined to have been satisfied for the period beginning on January 1, 2023 and ending on December 31, 2023, resulting in 326,359 shares of common stock subject to such award becoming eligible to vest on or prior to February 20, 2026.