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

Role
Vice President of Operations
Signature
/s/ Ryan H. Duran
Issuer symbol
LMFA
Transactions as of
17 Jul 2024
Net transactions value
-$2,405
Form type
4
Filing time
18 Jul 2024, 18:22:48 UTC
Previous filing
08 Jul 2024
Next filing
02 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMFA Common Stock Sale $2,405 -500 -2.7% $4.81 18,318 17 Jul 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) 41,667 17 Jul 2024 Common Stock 41,667 $4.51 Direct F2
holding LMFA Stock Option (right to buy) 29,167 17 Jul 2024 Common Stock 29,167 $35.70 Direct F3
holding LMFA Stock Option (right to buy) 83 17 Jul 2024 Common Stock 83 $300.00 Direct F3
holding LMFA Stock Option (right to buy) 14 17 Jul 2024 Common Stock 14 $3000.00 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.