Joan Aristei - Mar 10, 2022 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
GC & Chief Risk Officer
Signature
/s/ Kathleen Layton (Attorney-in-Fact)
Stock symbol
OPRT
Transactions as of
Mar 10, 2022
Transactions value $
-$32,752
Form type
4
Date filed
3/14/2022, 06:29 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 +4.93K +7.14% 74K Mar 10, 2022 Direct F1
transaction OPRT Common Stock Tax liability -$22.6K -1.71K -2.31% $13.26 72.3K Mar 10, 2022 Direct F2
transaction OPRT Common Stock Tax liability -$10.1K -763 -1.06% $13.26 71.6K 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 -4.93K -33.33% $0.00 9.87K Mar 10, 2022 Common Stock 4.93K 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.