Jonathan Aaron Coblentz - 10 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
10 Mar 2022
Transactions value $
-$52,390
Form type
4
Filing time
14 Mar 2022, 17:52:27
Previous filing
10 Mar 2022
Next filing
29 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 +7.9K +7.24% 117K 10 Mar 2022 Direct F1
transaction OPRT Common Stock Tax liability -$36.2K -2.73K -2.33% $13.26 114K 10 Mar 2022 Direct F2
transaction OPRT Common Stock Tax liability -$16.2K -1.22K -1.07% $13.26 113K 10 Mar 2022 Direct F2
holding OPRT Common Stock 149K 10 Mar 2022 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 Restricted Stock Units Options Exercise $0 -7.9K -33.33% $0.00 15.8K 10 Mar 2022 Common Stock 7.9K 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 obligations in connection with the vesting of previously reported 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 1/4 of the restricted stock units vested on March 10, 2021 and 1/4 of the restricted stock units vest annually over three years, subject to the continued service of the Reporting Person on each vesting date.