Form 4 for OPFI OppFi Inc.

Accepted 2022-06-09 00:00:00 ET · period of report 2022-06-07 · accession 0001209191-22-035580 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
I	2022-06-09	2022-06-08	OPFI	Schwartz Todd G.	CEO, Dir, 10%	D - Sale to Iss	$0.00	-130.3K	95.75M	-0.1%	$0
MI	2022-06-09	2022-06-07+	OPFI	Schwartz Todd G.	CEO, Dir, 10%	P - Purchase	$3.31	+21.7K	177.3K	+14%	+$71.9K

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class V Common Stock	2022-06-08	D	D	130,288	$0.00	95,750,496	I By OppFi Shares, LLC	—	—	(F4) Shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock"), of the issuer represent voting, non-economic interests in the issuer. Except as provided in the issuer's certificate of incorporation, as amended, or as required by applicable law, holders of Class V Common Stock will be entitled to one vote per share of Class V Common Stock on all matters to be voted on by the issuer's stockholders generally. (F5) Reflects the surrender and cancellation of shares of Class V Common Stock to the issuer in connection with the exchange of Class A common units of Opportunity Financial, LLC ("Opportunity Financial") by members thereof, other than the reporting person, for shares of Class A common stock, par value $0.0001 per share, of the issuer pursuant to the exchange provisions of the Third Amended and Restated Limited Liability Company Agreement of Opportunity Financial. (F6) The shares of Class V Common Stock are held by OppFi Shares, LLC ("OFS"), which has sole voting power over the shares of Class V Common Stock reported in Table I hereof. OFS is wholly owned by TGS Revocable Trust, whose sole trustee is the reporting person. By virtue of these relationships, the reporting person may be deemed to have voting power over the shares of Class V Common Stock held by OFS. The reporting person disclaims beneficial ownership of the shares of Class V Common Stock held by OFS, except to the extent of his pecuniary interest therein.
2	Common	Class A Common Stock	2022-06-08	P	A	10,853	$3.47	188,194	I By TGS Revocable Trust	—	—	(F3) The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $3.25 to $3.50 for a weighted average sale price of $3.4669. The reporting person undertakes to provide the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18. (F2) The reporting person is the sole trustee of TGS Revocable Trust.
3	Common	Class A Common Stock	2022-06-07	P	A	10,860	$3.15	177,341	I By TGS Revocable Trust	—	—	(F1) The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $3.06 to $3.20 for a weighted average sale price of $3.1531. The reporting person undertakes to provide the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18. (F2) The reporting person is the sole trustee of TGS Revocable Trust.