Bruce M. Rodgers - 23 May 2024 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role
Chairman, CEO and President, Director
Signature
/s/ Bruce M. Rodgers
Issuer symbol
LMFA
Transactions as of
23 May 2024
Net transactions value
+$21,739
Form type
4
Filing time
28 May 2024, 16:58:52 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 108,333 23 May 2024 Direct
holding LMFA Common Stock 15,415 23 May 2024 By CGR63, LLC F1
holding LMFA Common Stock 137 23 May 2024 BRR Holding, LLC F2
holding LMFA Common Stock 20 23 May 2024 Bruce M. Rodgers IRA
holding LMFA Common Stock 7 23 May 2024 Carollinn Gould IRA

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 $21,739 +86,955 +25% $0.2500 430,355 23 May 2024 Common Stock 86,955 $30.00 Direct F3
holding LMFA Stock Option (right to buy) 166,667 23 May 2024 Common Stock 166,667 $4.28 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 CGR63, LLC is owned by the Bruce M. Rodgers Revocable Trust and the Carolinn Gould Revocable Trust.
F2 Bruce M. Rogers and Carollinn Gould, husband and wife, and their family, including trusts or custodial accounts of minor children of each of Mr. Rodgers and Ms. Gould, own 100% of the outstanding membership interests of BRR Holding, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
F3 Warrant is presently exercisable in full.
F4 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.