David Gandler - Jan 7, 2025 Form 4 Insider Report for fuboTV Inc. /FL (FUBO)

Role
Chief Executive Officer, Director
Signature
/s/ David Gandler
Stock symbol
FUBO
Transactions as of
Jan 7, 2025
Transactions value $
-$7,025,238
Form type
4
Date filed
1/10/2025, 06:44 PM
Previous filing
Jan 8, 2025
Next filing
Mar 3, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUBO Common Stock Options Exercise $356K +727K +209.53% $0.49 1.07M Jan 7, 2025 Direct
transaction FUBO Common Stock Options Exercise $1.74M +873K +81.3% $1.99 1.95M Jan 7, 2025 Direct
transaction FUBO Common Stock Sale -$9.12M -1.65M -84.75% $5.53 297K Jan 7, 2025 Direct F1, 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 Employee Stock Option (right to buy) Options Exercise $0 -727K -100% $0.00 0 Jan 7, 2025 Common Stock 727K $0.49 Direct F3
transaction FUBO Employee Stock Option (right to buy) Options Exercise $0 -873K -100% $0.00 0 Jan 7, 2025 Common Stock 873K $1.99 Direct 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 Sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 29, 2024 by the Reporting Person.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $5.48 to $5.63. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The shares subject to this option vested and became exercisable at a rate of 1/48th of the total number of shares each monthly anniversary of the vesting commencement date of July 1, 2016, such that the total number of shares shall be fully vested on the four-year anniversary of the vesting commencement date.
F4 The shares subject to this option vested and became exercisable at a rate of twenty-five percent of the total number of shares on the one-year anniversary of the vesting commencement date of May 31, 2018 and 1/48th of the total number of shares each monthly anniversary of the vesting commencement date thereafter, such that the total number of shares shall be fully vested on the four-year anniversary of the vesting commencement date.