Ryan H. Duran - Sep 18, 2023 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Signature
/s/ Ryan H. Duran
Stock symbol
LMFA
Transactions as of
Sep 18, 2023
Transactions value $
-$4,316
Form type
4
Date filed
9/20/2023, 04:33 PM
Previous filing
May 15, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMFA Common Stock Sale -$3.97K -6.98K -4.29% $0.57 156K Sep 18, 2023 Direct F1
transaction LMFA Common Stock Sale -$346 -617 -0.4% $0.56 155K Sep 19, 2023 Direct

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
holding LMFA Stock Option (right to buy) 250K Sep 18, 2023 Common Stock 250K $0.75 Direct F2
holding LMFA Stock Option (right to buy) 175K Sep 18, 2023 Common Stock 175K $5.95 Direct F3
holding LMFA Stock Option (right to buy) 500 Sep 18, 2023 Common Stock 500 $50.00 Direct F3
holding LMFA Stock Option (right to buy) 83 Sep 18, 2023 Common Stock 83 $500.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price in Column 4 is a weighted average price. The prices actually received ranged from $0.56 to $0.595. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.
F2 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.
F3 This option is presently exercisable in full.