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

Role
Chief Financial Officer
Signature
/s/ Richard D. Russell
Stock symbol
LMFA
Transactions as of
May 23, 2024
Transactions value $
$20,886
Form type
4
Date filed
5/28/2024, 04:56 PM
Previous filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMFA Common Stock 113K May 23, 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 $20.9K +83.5K +25.32% $0.25 413K May 23, 2024 Common Stock 83.5K $30.00 Direct F1
holding LMFA Stock Option (right to buy) 167K May 23, 2024 Common Stock 167K $4.28 Direct F2
holding LMFA Stock Option (right to buy) 250 May 23, 2024 Common Stock 250 $300.00 Direct F3
holding LMFA Stock Option (right to buy) 83 May 23, 2024 Common Stock 83 $3,000.00 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.