Form 4 for OPRT Oportun Financial Corp
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001538716-24-000044 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-03-19 | 2024-03-15 | OPRT | Kirscht Patrick | Chief Credit Off | M - OptEx | — | +9,869 | 302.2K | +3% | — |
| DM | 2024-03-19 | 2024-03-15 | OPRT | Kirscht Patrick | Chief Credit Off | F - Tax | $3.03 | -33.4K | 268.8K | -11% | -$101.3K |
| D | 2024-03-19 | 2024-03-15 | OPRT | Kirscht Patrick | Chief Credit Off | M - OptEx | $0.00 | -9,869 | 0 | -100% | $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 | Common Stock | 2024-03-15 | M | A | 9,869 | — | 302,248 | D | — | — | (F1) Each restricted stock unit represents the right to receive at settlement, one share of common stock. |
| 2 | Common | Common Stock | 2024-03-15 | F | D | 6,816 | $3.03 | 295,432 | D | — | — | (F2) Represents shares of common stock sold to satisfy the reporting person's minimum tax obligation in respect of the shares issued upon vesting of a restricted stock unit. (F3) Weighted average price. These shares were sold in multiple transactions at prices ranging from $2.78 to $3.24 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Common | Common Stock | 2024-03-15 | F | D | 3,023 | $3.03 | 292,409 | D | — | — | (F2) Represents shares of common stock sold to satisfy the reporting person's minimum tax obligation in respect of the shares issued upon vesting of a restricted stock unit. (F3) Weighted average price. These shares were sold in multiple transactions at prices ranging from $2.78 to $3.24 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 4 | Common | Common Stock | 2024-03-15 | F | D | 13,328 | $3.03 | 279,081 | D | — | — | (F2) Represents shares of common stock sold to satisfy the reporting person's minimum tax obligation in respect of the shares issued upon vesting of a restricted stock unit. (F3) Weighted average price. These shares were sold in multiple transactions at prices ranging from $2.78 to $3.24 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 5 | Common | Common Stock | 2024-03-15 | F | D | 10,257 | $3.03 | 268,824 | D | — | — | (F2) Represents shares of common stock sold to satisfy the reporting person's minimum tax obligation in respect of the shares issued upon vesting of a restricted stock unit. (F3) Weighted average price. These shares were sold in multiple transactions at prices ranging from $2.78 to $3.24 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 6 | Derivative | Restricted Stock Units | 2024-03-15 | M | D | 9,869 | $0.00 | 0 | D | — · — to — | 9,869 Common Stock | (F1) Each restricted stock unit represents the right to receive at settlement, one share of common stock. (F5) The restricted stock units vested over four years from March 10, 2020 with 1/4 of the restricted stock units vesting annually on each anniversary date, provided that the Reporting Person remains in continuous service to the Issuer on each vesting date. |