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Hong Timmie's Form 4 filing

Moneylion Inc. (ML) · filed Mar 13, 2024

Accession no.
0001213900-24-022307
Filed
Mar 13, 2024
Trade date
Mar 12, 2024
Filing delay
1 day
Rule 10b5-1 plan
Not checked

This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $1.64M. It was filed 1 day 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.

Reporting owners on this filing
OwnerRelationship to the company
Hong TimmieCIK 0001882712Officer (Chief Product Officer)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 12, 2024Class A Common StockMOption exerciseAcquired+16,818$4.50+$75,681149,249Direct
Mar 12, 2024Class A Common StockMOption exerciseAcquired+7,465$4.50+$33,592.5156,714Direct
Mar 12, 2024Class A Common StockSSaleDisposed−24,283$65.09F2−$1,580,580.47132,431Direct
Mar 12, 2024Class A Common StockSSaleDisposed−874$65.00−$56,810131,557Direct

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 12, 2024Class A Common StockMOption exerciseDisposed−16,818$0.00$00Direct
Mar 12, 2024Class A Common StockMOption exerciseDisposed−7,465$0.00$00Direct

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.

F2

The shares of Class A Common Stock were sold in multiple trades at prices ranging from $65.00 to $65.48 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.

Read the full filing on SEC EDGAR (opens in a new tab)