Ryan H. Duran - 20 Apr 2023 Form 4/A - Amendment Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role
Chief Financial Officer
Signature
/s/ Ryan H. Duran
Issuer symbol
LMFA
Transactions as of
20 Apr 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
15 May 2023, 16:50:28 UTC
Date Of Original Report
24 Apr 2023
Previous filing
01 Nov 2021
Next filing
20 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMFA Common Stock Award $0 +162,500 $0.000000 162,500 20 Apr 2023 Direct F1

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 LMFA Stock Option (right to buy) Award $0 +250,000 $0.000000 250,000 20 Apr 2023 Common Stock 250,000 $0.7510 Direct F2, F3
holding LMFA Stock Option (right to buy) 175,000 20 Apr 2023 Common Stock 175,000 $5.95 Direct F4
holding LMFA Stock Option (right to buy) 500 20 Apr 2023 Common Stock 500 $50.00 Direct F4
holding LMFA Stock Option (right to buy) 83 20 Apr 2023 Common Stock 83 $500.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock granted to reporting person under the 2021 Omnibus Incentive Plan (the "Plan"). The shares of restricted stock shall vest monthly over a period of twelve (12) months.
F2 This amendment is filed to correct the exercise price of the stock option which was originally reported as $0.714. The correct exercise price is $0.751 as set forth in this amendment.
F3 Options were granted under the Plan. Options will vest as to one-half of the option shares on April 20, 2024, and as to one-half of the option shares on April 20, 2025 subject to acceleration of vesting upon a Change of Control (as defined in the Plan) or upon the Issuer attaining certain performance milestones.
F4 This option is presently exercisable in full.