Jonathan Aaron Coblentz - 02 Aug 2021 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
CFO & Chief Admin Officer
Signature
/s/ Kathleen Layton (Attorney-in-Fact)
Issuer symbol
OPRT
Transactions as of
02 Aug 2021
Net transactions value
-$23,399
Form type
4
Filing time
03 Aug 2021, 18:48:30 UTC
Next filing
10 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +2,915 +4.9% 62,290 02 Aug 2021 Direct F1
transaction OPRT Common Stock Tax liability $21,270 -1,009 -1.6% $21.08 61,281 02 Aug 2021 Direct F2
transaction OPRT Common Stock Options Exercise +291 +0.47% 61,572 02 Aug 2021 Direct F1
transaction OPRT Common Stock Tax liability $2,129 -101 -0.16% $21.08 61,471 02 Aug 2021 Direct F2
holding OPRT Common Stock 120,054 02 Aug 2021 See footnote. F3

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 OPRT Resricted Stock Units Options Exercise $0 -2,915 -100% $0.000000* 0 02 Aug 2021 Common Stock 2,915 Direct F1, F4
transaction OPRT Restricted Stock Units Options Exercise $0 -291 -100% $0.000000* 0 02 Aug 2021 Common Stock 291 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive at settlement, one share of common stock.
F2 No shares were sold - these shares were withheld by the Issuer to satisfy tax withholding requirements in connection with the vesting of restricted stock units.
F3 These shares are held in the Jonathan A. Coblentz Revocable Trust U/A/D 3/31/2017 for which the Reporting Person is the Trustee.
F4 The restricted stock units vest over two years from August 1, 2019 with fifty percent vesting on the first anniversary and the remainder vesting quarterly, provided that the Reporting Person remains in continuous service on each vesting date.