David Anthony Needham - Aug 30, 2021 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
Chief Product Officer
Signature
/s/ Kathleen Layton (Attorney-in-Fact)
Stock symbol
OPRT
Transactions as of
Aug 30, 2021
Transactions value $
-$50,491
Form type
4
Date filed
8/31/2021, 06:07 PM
Previous filing
Aug 3, 2021
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +5.87K +12.74% 51.9K Aug 30, 2021 Direct F1
transaction OPRT Common Stock Tax liability -$50.5K -2.03K -3.91% $24.86 49.9K Aug 30, 2021 Direct F2

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 Restricted Stock Units Options Exercise $0 -5.87K -50% $0.00 5.87K Aug 30, 2021 Common Stock 5.87K Direct F1, F3
* 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 The restricted stock units vest over four years from August 30,2018 with twenty-five percent vesting on each one year anniversary, provided that the Reporting Person remains in continuous service to the Issuer on each vesting date.