Matthew Wayne Jenkins - Mar 10, 2022 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
COO & GM, Personal-Auto Loans
Signature
/s/ Kathleen Layton (Attorney-in-Fact)
Stock symbol
OPRT
Transactions as of
Mar 10, 2022
Transactions value $
-$33,826
Form type
4
Date filed
3/14/2022, 06:21 PM
Previous filing
Mar 7, 2022
Next filing
Mar 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +7.24K +7.84% 99.6K Mar 10, 2022 Direct F1
transaction OPRT Common Stock Tax liability -$23.4K -1.76K -1.77% $13.26 97.8K Mar 10, 2022 Direct F2
transaction OPRT Common Stock Tax liability -$10.4K -788 -0.81% $13.26 97K Mar 10, 2022 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 -7.24K -33.33% $0.00 14.5K Mar 10, 2022 Common Stock 7.24K 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 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.