Richard D. Russell - 23 May 2024 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role
Chief Financial Officer
Signature
/s/ Richard D. Russell
Issuer symbol
LMFA
Transactions as of
23 May 2024
Net transactions value
+$20,886
Form type
4
Filing time
28 May 2024, 16:56:44 UTC
Previous filing
22 May 2024
Next filing
02 Oct 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMFA Common Stock 112,547 23 May 2024 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
transaction LMFA Warrant Purchase $20,886 +83,545 +25% $0.2500 413,478 23 May 2024 Common Stock 83,545 $30.00 Direct F1
holding LMFA Stock Option (right to buy) 166,667 23 May 2024 Common Stock 166,667 $4.28 Direct F2
holding LMFA Stock Option (right to buy) 250 23 May 2024 Common Stock 250 $300.00 Direct F3
holding LMFA Stock Option (right to buy) 83 23 May 2024 Common Stock 83 $3000.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Warrant is presently exercisable in full.
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.