Correia Richard's Form 4 filing
Moneylion Inc. (ML) · filed Mar 13, 2024
- Accession no.
- 0001213900-24-022306
- Filed
- Mar 13, 2024
- Trade date
- Mar 11-12, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 4 derivative transactions. Open-market sales total $5.74M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Correia RichardCIK 0001882338 | Officer (President, CFO and Treasurer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 11, 2024 | Class A Common Stock | MOption exerciseAcquired | +25,000 | $6.60 | +$165,000 | 265,075 | Direct | |
| Mar 11, 2024 | Class A Common Stock | FTax withholdingDisposed | −2,594 | $67.65F3 | −$175,484.1 | 262,481 | Direct | |
| Mar 12, 2024 | Class A Common Stock | MOption exerciseAcquired | +4,939 | $6.60 | +$32,597.4 | 267,420 | Direct | |
| Mar 12, 2024 | Class A Common Stock | MOption exerciseAcquired | +3,924 | $12.00 | +$47,088 | 271,344 | Direct | |
| Mar 12, 2024 | Class A Common Stock | MOption exerciseAcquired | +79,126 | $12.00 | +$949,512 | 350,470 | Direct | |
| Mar 12, 2024 | Class A Common Stock | SSaleDisposed | −87,989 | $65.18F4 | −$5,735,123.02 | 262,481 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 11, 2024 | Class A Common Stock | MOption exerciseDisposed | −25,000 | $0.00 | $0 | 13,112 | Direct | |
| Mar 12, 2024 | Class A Common Stock | MOption exerciseDisposed | −4,939 | $0.00 | $0 | 8,173 | Direct | |
| Mar 12, 2024 | Class A Common Stock | MOption exerciseDisposed | −3,924 | $0.00 | $0 | 3,610 | Direct | |
| Mar 12, 2024 | Class A Common Stock | MOption exerciseDisposed | −79,126 | $0.00 | $0 | 16,585 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F3
The shares of Class A Common Stock were sold in multiple trades at prices ranging from $67.32 to $68.01 per share, inclusive. The price reported in Column 4 reflects the weighted average price per share. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Company or any security holder of the Company, upon request, full information regarding the number of shares purchased at each separate price.
Referenced by the price of 1 transaction in Table I.
- F4
The shares of Class A Common Stock were sold in multiple trades at prices ranging from $65.00 to $65.60 per share, inclusive. The price reported in Column 4 reflects the weighted average price per share. The Reporting Person hereby undertakes to provide to the staff of the Securities and Exchange Commission, the Company or any security holder of the Company, upon request, full information regarding the number of shares purchased at each separate price.
Referenced by the price of 1 transaction in Table I.
Remarks
On April 24, 2023, the Company effected a reverse stock split (the "Reverse Stock Split") of the Class A Common Stock pursuant to which every 30 shares of Class A Common Stock were automatically reclassified into one new share of Class A Common Stock. Proportionate adjustments were made to the Company's outstanding equity awards as well as the exercise, grant and acquisition prices of such equity awards, as applicable. Accordingly, all amounts of securities and exercise prices reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.