Form 4 for OPFI OppFi Inc.
Accepted 2023-05-18 00:00:00 ET · period of report 2022-10-03 · accession 0001209191-23-030861 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-05-18 | 2023-05-16 | OPFI | McKay Christopher J. | Chief Risk, Analytics Off | F - Tax | $2.07 | -3,302 | 34.1K | -9% | -$6,835 |
| D | 2023-05-18 | 2022-10-03 | OPFI | McKay Christopher J. | Chief Risk, Analytics Off | S - Sale+OE | $2.34 | -3,291 | 12.1K | -21% | -$7,701 |
| DM | 2023-05-18 | 2022-10-03+ | OPFI | McKay Christopher J. | Chief Risk, Analytics Off | M - OptEx | $0.00 | +23.1K | 41.8K | +124% | $0 |
| DM | 2023-05-18 | 2022-10-03+ | OPFI | McKay Christopher J. | Chief Risk, Analytics Off | M - OptEx | $0.00 | -23.1K | 38.5K | -37% | $0 |
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 A Common Stock | 2023-05-16 | F | D | 1,876 | $2.07 | 39,928 | D | — | — | (F6) Represents shares withheld to cover tax withholding obligations in connection with the settlement of RSUs. |
| 2 | Common | Class A Common Stock | 2023-05-16 | F | D | 1,426 | $2.07 | 34,103 | D | — | — | (F3) Represents shares withheld to cover tax withholding obligations in connection with the settlement of a previously reported performance-based restricted stock unit award. (F4) The number of shares have been adjusted to reflect transactions that have occurred between the October 3, 2022 restricted stock unit settlement and the transaction occurring on May 16, 2023. |
| 3 | Common | Class A Common Stock | 2022-10-03 | S | D | 3,291 | $2.34 | 12,112 | D | — | — | (F2) Represents shares sold to satisfy tax liability upon the vesting of RSUs. |
| 4 | Common | Class A Common Stock | 2022-10-03 | M | A | 15,403 | $0.00 | 15,403 | D | — | — | (F1) On October 3, 2022, the reporting person received shares of Class A Common Stock, par value $0.0001 per share, of the issuer in settlement of restricted stock units ("RSUs"), which vested on October 1, 2022. |
| 5 | Common | Class A Common Stock | 2023-05-16 | M | A | 7,701 | $0.00 | 41,804 | D | — | — | (F5) On May 16, 2023, the reporting person received shares of Class A Common Stock, par value $0.0001 per share, of the issuer in settlement of RSUs, which vested on January 1, 2023 and April 1, 2023. |
| 6 | Derivative | Restricted Stock Units | 2022-10-03 | M | D | 15,403 | $0.00 | 46,210 | D | $0.00 · — to — | 15,403 Class A Common Stock | (F1) On October 3, 2022, the reporting person received shares of Class A Common Stock, par value $0.0001 per share, of the issuer in settlement of restricted stock units ("RSUs"), which vested on October 1, 2022. (F7) Each RSU represents a contingent right to receive one share of OppFi Inc. Class A Common Stock, par value $0.0001 per share, and was granted pursuant to the OppFi Inc. 2021 Equity Incentive Plan (the "Plan"). 25% of the RSUs will vest on the one-year anniversary of the date of grant and the remainder will vest in equal quarterly increments over the following three years, subject to the reporting person's continued service with the issuer and the terms of the Plan. |
| 7 | Derivative | Restricted Stock Unit | 2023-05-16 | M | D | 7,701 | $0.00 | 38,509 | D | $0.00 · — to — | 7,701 Class A Common Stock | (F5) On May 16, 2023, the reporting person received shares of Class A Common Stock, par value $0.0001 per share, of the issuer in settlement of RSUs, which vested on January 1, 2023 and April 1, 2023. (F7) Each RSU represents a contingent right to receive one share of OppFi Inc. Class A Common Stock, par value $0.0001 per share, and was granted pursuant to the OppFi Inc. 2021 Equity Incentive Plan (the "Plan"). 25% of the RSUs will vest on the one-year anniversary of the date of grant and the remainder will vest in equal quarterly increments over the following three years, subject to the reporting person's continued service with the issuer and the terms of the Plan. |