Chris Maloof - Jan 3, 2023 Form 4 Insider Report for MeridianLink, Inc. (MLNK)

Role
President, Go To Market
Signature
/s/ Kayla Dailey, as Attorney-in-Fact
Stock symbol
MLNK
Transactions as of
Jan 3, 2023
Transactions value $
-$396,193
Form type
4
Date filed
1/5/2023, 04:01 PM
Previous filing
Jan 3, 2023
Next filing
Jan 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MLNK Common Stock, par value $0.001 Options Exercise $38.7K +6.39K +2.37% $6.06 276K Jan 3, 2023 Direct F1
transaction MLNK Common Stock, par value $0.001 Sale -$153K -10.9K -3.95% $14.02 265K Jan 3, 2023 Direct F1, F2
transaction MLNK Common Stock, par value $0.001 Options Exercise $153K +25.3K +9.54% $6.06 290K Jan 4, 2023 Direct F1
transaction MLNK Common Stock, par value $0.001 Sale -$436K -30.9K -10.64% $14.10 259K Jan 4, 2023 Direct F1, F3

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 MLNK Stock Option (option to buy) Options Exercise $0 -6.39K -4.73% $0.00 129K Jan 3, 2023 Common Stock, par value $0.001 6.39K $6.06 Direct F1, F4
transaction MLNK Stock Option (option to buy) Options Exercise $0 -25.3K -19.66% $0.00 103K Jan 4, 2023 Common Stock, par value $0.001 25.3K $6.06 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.10, inclusive. The Reporting Person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.33, inclusive. The Reporting Person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 With respect to (i) 75,000 of the shares underlying the option, 75% of such shares vested upon the Issuer's achievement of a predetermined EBITDA metric on each of December 31, 2019, 2020, and 2021, and the remaining 25% of such shares are scheduled to vest based upon the Issuer's level of achievement of a predetermined EBITDA metric for 2022; and (ii) 60,000 of the shares underlying the option, 25% of such shares vested on October 14, 2020, and the remaining 75% of such shares vest in 36 equal monthly instalments thereafter, in each case subject to the reporting person's continued service through the applicable vesting date.