Ryan H. Duran - Jan 17, 2024 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role
Vice President of Operations
Signature
/s/ Ryan H. Duran
Stock symbol
LMFA
Transactions as of
Jan 17, 2024
Transactions value $
-$1,470
Form type
4
Date filed
1/18/2024, 04:25 PM
Previous filing
Jan 3, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMFA Common Stock Sale -$1.47K -3K -1.97% $0.49 149K Jan 17, 2024 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
holding LMFA Stock Option (right to buy) 250K Jan 17, 2024 Common Stock 250K $0.75 Direct F2
holding LMFA Stock Option (right to buy) 175K Jan 17, 2024 Common Stock 175K $5.95 Direct F3
holding LMFA Stock Option (right to buy) 500 Jan 17, 2024 Common Stock 500 $50.00 Direct F3
holding LMFA Stock Option (right to buy) 83 Jan 17, 2024 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 Options were granted under the the 2021 Omnibus Incentive 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.