JONATHAN AARON COBLENTZ - 27 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
27 Aug 2021
Net transactions value
-$376,797
Form type
4
Filing time
31 Aug 2021, 17:52:50 UTC
Previous filing
10 Aug 2021
Next filing
14 Sep 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 $2,690 +2,038 +3.3% $1.32* 63,509 27 Aug 2021 Direct
transaction OPRT Common Stock Sale $51,969 -2,038 -3.2% $25.50 61,471 27 Aug 2021 Direct F1, F2
transaction OPRT Common Stock Options Exercise $11,038 +8,362 +14% $1.32* 69,833 30 Aug 2021 Direct
transaction OPRT Common Stock Sale $213,231 -8,362 -12% $25.50 61,471 30 Aug 2021 Direct F1, F2
transaction OPRT Common Stock Options Exercise +9,225 +15% 70,696 30 Aug 2021 Direct F3
transaction OPRT Common Stock Tax liability $111,597 -4,489 -6.3% $24.86 66,207 30 Aug 2021 Direct F4
holding OPRT Common Stock 120,054 27 Aug 2021 See footnote. F5

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 Stock Option (Right to Buy) Options Exercise $2,690 -2,038 -1.8% $1.32* 112,532 27 Aug 2021 Common Stock 2,038 $1.32 Direct F6
transaction OPRT Stock Option (Right to Buy) Options Exercise $11,038 -8,362 -7.4% $1.32* 104,170 27 Aug 2021 Common Stock 8,362 $1.32 Direct F6
transaction OPRT Restricted Stock Units Options Exercise $0 -9,225 -50% $0.000000 9,225 30 Aug 2021 Common Stock 9,225 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on 12/8/2020.
F2 All shares were sold at the same price.
F3 Each restricted stock unit represents the right to receive at settlement, one share of common stock.
F4 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.
F5 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.
F6 The option is fully vested.
F7 The restricted stock units will vest over four years from August 30, 2018 with 1/4 of the shares vesting on each one year anniversary, provided that the Reporting Person remains in continuous service to the Issuer on each vesting date.