Alberto Horihuela - Nov 21, 2024 Form 4 Insider Report for fuboTV Inc. /FL (FUBO)

Signature
/s/ David Gandler, as Attorney-in-Fact
Stock symbol
FUBO
Transactions as of
Nov 21, 2024
Transactions value $
-$69,793
Form type
4
Date filed
11/25/2024, 07:17 PM
Previous filing
Nov 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUBO Common Stock Options Exercise +94.9K +6.67% 1.52M Nov 21, 2024 Direct F1
transaction FUBO Common Stock Sale -$69.8K -47.5K -3.13% $1.47 1.47M Nov 21, 2024 Direct 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 FUBO Restricted Stock Units Options Exercise $0 -94.9K -25% $0.00 285K Nov 21, 2024 Common Stock 94.9K Direct F1, F3
transaction FUBO Restricted Stock Units Award $0 +600K $0.00 600K Nov 25, 2024 Common Stock 600K Direct F1, 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of fuboTV Inc. common stock.
F2 Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated May 25, 2023.
F3 The remaining RSUs vest as to one-fourth of the underlying shares on November 20, 2025, November 20, 2026 and November 20, 2027, subject to the Reporting Person's continued service to the Issuer through each vesting date.
F4 The RSUs vest as to one-fourth of the underlying shares on each of November 20, 2025, November 20, 2026, November 20, 2027 and November 20, 2028, subject to the Reporting Person's continued service to the Issuer through each vesting date.