Jonathan Aaron Coblentz - Mar 3, 2022 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
Mar 3, 2022
Transactions value $
-$36,824
Form type
4
Date filed
3/7/2022, 04:51 PM
Previous filing
Dec 6, 2021
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +5.95K +7.84% 81.8K Mar 3, 2022 Direct F1
transaction OPRT Common Stock Tax liability -$36.8K -2.34K -2.87% $15.71 79.5K Mar 3, 2022 Direct F2
transaction OPRT Common Stock Gift $0 -29.4K -36.96% $0.00 50.1K Mar 4, 2022 Direct F3
transaction OPRT Common Stock Gift $0 +29.4K +24.46% $0.00 149K Mar 4, 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 -5.95K -50% $0.00 5.95K Mar 3, 2022 Common Stock 5.95K 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.