Jonathan Aaron Coblentz - Aug 2, 2021 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
CFO & Chief Admin Officer
Signature
/s/ Kathleen Layton (Attorney-in-Fact)
Stock symbol
OPRT
Transactions as of
Aug 2, 2021
Transactions value $
-$23,399
Form type
4
Date filed
8/3/2021, 06:48 PM
Next filing
Aug 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +2.92K +4.91% 62.3K Aug 2, 2021 Direct F1
transaction OPRT Common Stock Tax liability -$21.3K -1.01K -1.62% $21.08 61.3K Aug 2, 2021 Direct F2
transaction OPRT Common Stock Options Exercise +291 +0.47% 61.6K Aug 2, 2021 Direct F1
transaction OPRT Common Stock Tax liability -$2.13K -101 -0.16% $21.08 61.5K Aug 2, 2021 Direct F2
holding OPRT Common Stock 120K Aug 2, 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 -2.92K -100% $0.00* 0 Aug 2, 2021 Common Stock 2.92K Direct F1, F4
transaction OPRT Restricted Stock Units Options Exercise $0 -291 -100% $0.00* 0 Aug 2, 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.