Patrick Kirscht - 10 Mar 2022 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
Chief Credit Officer
Signature
/s/ Kathleen Layton (Attorney-in-Fact)
Issuer symbol
OPRT
Transactions as of
10 Mar 2022
Net transactions value
-$59,073
Form type
4
Filing time
14 Mar 2022, 18:10:18 UTC
Previous filing
07 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 +9,869 +6.5% 161,128 10 Mar 2022 Direct F1
transaction OPRT Common Stock Tax liability $41,172 -3,105 -1.9% $13.26 158,023 10 Mar 2022 Direct F2
transaction OPRT Common Stock Tax liability $17,901 -1,350 -0.85% $13.26 156,673 10 Mar 2022 Direct F2
transaction OPRT Common Stock Options Exercise $16,114 +8,617 +5.5% $1.87 165,290 11 Mar 2022 Direct

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 -9,869 -33% $0.000000 19,737 10 Mar 2022 Common Stock 9,869 Direct F1, F3
transaction OPRT Stock Option (Right to Buy) Options Exercise $16,114 -8,617 -76% $1.87 2,761 11 Mar 2022 Common Stock 8,617 $1.87 Direct 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 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.
F4 The option is fully vested.