Ryan H. Duran - 14 Feb 2024 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Signature
/s/ Ryan H. Duran
Issuer symbol
LMFA
Transactions as of
14 Feb 2024
Net transactions value
-$1,560
Form type
4
Filing time
16 Feb 2024, 16:19:01 UTC
Previous filing
02 Feb 2024
Next filing
29 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMFA Common Stock Sale $1,560 -3,000 -2.1% $0.5200 142,907 14 Feb 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) 250,000 14 Feb 2024 Common Stock 250,000 $0.7510 Direct F2
holding LMFA Stock Option (right to buy) 175,000 14 Feb 2024 Common Stock 175,000 $5.95 Direct F3
holding LMFA Stock Option (right to buy) 500 14 Feb 2024 Common Stock 500 $50.00 Direct F3
holding LMFA Stock Option (right to buy) 83 14 Feb 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.