Jonathan Aaron Coblentz - 03 Mar 2022 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
03 Mar 2022
Net transactions value
-$36,824
Form type
4
Filing time
07 Mar 2022, 16:51:35 UTC
Previous filing
06 Dec 2021
Next filing
10 Mar 2022
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 +5,949 +7.8% 81,805 03 Mar 2022 Direct F1
transaction OPRT Common Stock Tax liability $36,824 -2,344 -2.9% $15.71 79,461 03 Mar 2022 Direct F2
transaction OPRT Common Stock Gift $0 -29,369 -37% $0.000000 50,092 04 Mar 2022 Direct F3
transaction OPRT Common Stock Gift $0 +29,369 +24% $0.000000 149,423 04 Mar 2022 See footnote. F3, F4

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 -5,949 -50% $0.000000 5,950 03 Mar 2022 Common Stock 5,949 Direct F1, F5
* 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 obligations in connection with the vesting of previously reported restricted stock units.
F3 This transaction involved a transfer of securities by the Reporting Person to the Jonathan A. Coblentz dated 03/31/2017 for which the Reporting Person is the Trustee.
F4 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.
F5 The restricted stock units vest over four years from August 30, 2019 with 1/4 of the restricted stock units vesting on each one year anniversary, provided that the Reporting Person remains in continuous service on each vesting date.