Foong Chee Mun 4

Accession 0000950103-21-014618

CIK 0001807846other

View on SEC.gov Company Profile

Filed

Sep 23, 8:00 PM ET

Accepted

Sep 24, 8:28 PM ET

Size

30.3 KB

Accession

0000950103-21-014618

Insider Transaction Report

Form 4

Period: 2021-09-22

Fusion Acquisition Corp.ML

Foong Chee Mun

Chief Technology Officer

Transactions

Award
Class A Common Stock
2021-09-22+1,968,935→ 1,968,935 total
Exercise/Conversion
Class A Common Stock
2021-09-22$0.22/sh+87,807$19,318→ 2,056,742 total
Exercise/Conversion
Stock Options (Right to Buy)
2021-09-22−4,659→ 487,575 total
Exercise: $0.40Exp: 2029-09-20→ Class A Common Stock (4,659 underlying)
Award
Stock Options (Right to Buy)
2021-09-22+583,215→ 583,215 total
Exercise: $2.58Exp: 2031-01-31→ Class A Common Stock (583,215 underlying)
Exercise/Conversion
Class A Common Stock
2021-09-22$0.40/sh+4,659$1,864→ 2,061,401 total
Exercise/Conversion
Class A Common Stock
2021-09-22$0.59/sh+116,528$68,752→ 2,177,929 total
Award
Stock Options (Right to Buy)
2021-09-22+492,234→ 492,234 total
Exercise: $0.40Exp: 2029-09-20→ Class A Common Stock (492,234 underlying)
Award
Stock Options (Right to Buy)
2021-09-22+410,195→ 410,195 total
Exercise: $0.59Exp: 2030-04-30→ Class A Common Stock (410,195 underlying)
Disposition to Issuer
Class A Common Stock
2021-09-22$10.00/sh−208,994$2,089,940→ 1,968,935 total
Exercise/Conversion
Stock Options (Right to Buy)
2021-09-22−87,807→ 240,349 total
Exercise: $0.22Exp: 2027-11-14→ Class A Common Stock (87,807 underlying)
Award
Stock Options (Right to Buy)
2021-09-22+229,725→ 229,725 total
Exercise: $0.40Exp: 2028-10-31→ Class A Common Stock (229,725 underlying)
Exercise/Conversion
Stock Options (Right to Buy)
2021-09-22−116,528→ 293,667 total
Exercise: $0.59Exp: 2030-04-30→ Class A Common Stock (116,528 underlying)
Award
Stock Options (Right to Buy)
2021-09-22+328,156→ 328,156 total
Exercise: $0.22Exp: 2027-11-14→ Class A Common Stock (328,156 underlying)

Footnotes (7)

[F1]Received in connection with the Issuer's business combination (the "Business Combination") with MoneyLion Inc., now known as MoneyLion Technologies Inc. ("Legacy ML") in accordance with the terms of the Agreement and Plan of Merger, dated February 11, 2021, as amended on June 28, 2021 and September 4, 2021, by and among the Issuer (f/k/a Fusion Acquisition Corp.), ML Merger Sub Inc. ("Merger Sub") and Legacy ML (the "Merger Agreement"), pursuant to which Merger Sub merged with and into Legacy ML, with Legacy ML surviving the merger as a wholly-owned subsidiary of the Issuer.
[F2]In connection with the Issuer's Business Combination, the Reporting Person exercised options which such resulting shares of Class A Common Stock were simultaneously acquired by the Issuer.
[F3]The option vests 25% on the first anniversary of November 15, 2017 and in equal monthly installments thereafter until it is fully vested on the fourth anniversary of such date. The stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
[F4]The option vests 25% on the first anniversary of November 1, 2018 and in equal monthly installments thereafter until it is fully vested on the fourth anniversary of such date. The stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
[F5]The option vests 25% on the first anniversary of September 21, 2019 and in equal monthly installments thereafter until it is fully vested on the fourth anniversary of such date. The stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
[F6]The option vests 25% on the first anniversary of May 1, 2020 and in equal monthly installments thereafter until it is fully vested on the fourth anniversary of such date. The stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.
[F7]The option vests 25% on the first anniversary of February 1, 2021 and in equal monthly installments thereafter until it is fully vested on the fourth anniversary of such date. The stock option was received in the Business Combination in exchange for a stock option to acquire shares of Legacy ML common stock.

Documents

1 file

4
dp158535_4-foong.xmlPrimary
FORM 4

Issuer

Fusion Acquisition Corp.

CIK 0001807846

→

Entity typeother

Related Parties

filerCIK 0001882336

Filing Metadata

Form type: 4
Filed: Sep 23, 8:00 PM ET
Accepted: Sep 24, 8:28 PM ET
Size: 30.3 KB

View on SEC.gov