Form 4 for OPRT Oportun Financial Corp

Accepted 2024-06-18 00:00:00 ET · period of report 2024-06-14 · accession 0001538716-24-000073 · 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	2024-06-18	2024-06-14	OPRT	COBLENTZ JONATHAN AARON	CFO, Chief Admin Off	A - Grant	—	+24.7K	236.2K	+12%	—
D	2024-06-18	2024-06-14	OPRT	COBLENTZ JONATHAN AARON	CFO, Chief Admin Off	A - Grant	$0.00	+24.7K	24.7K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-06-14	A	A	24,667	—	236,188	D	—	—	(F1) The Restricted Stock Units (RSU) vest in 3 equal annual installments from the vesting commencement date of March 10, 2024, subject to the continued service of the Reporting Person on each vesting date. (F2) Each RSU represents the right to receive, at settlement, one share of common stock.
2	Derivative	Performance Stock Units	2024-06-14	A	A	24,667	$0.00	24,667	D	— · — to 2027-03-10	24,667 Common Stock	(F5) PSUs will vest based on the Company's achievement of absolute total shareholder return (Company TSR). The TSR period will be the three (3) year period covering calendar years 2024 through 2026. The target number of units subject to the award is presented in the table. The performance metric will be met, and the PSUs will vest, based on percentile achievement of 0% to 125% of the target number of units, depending on performance. Any PSUs achieved above 100% of target may be paid out to the Reporting Person in either cash or shares of common stock, at the sole discretion of the Company's Compensation and Leadership Committee. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that are achieved will be scheduled to vest on March 10, 2027. (F4) Each Performance-Based RSU (PSU) represents the right to receive, at settlement, one share of common stock.