Joan Aristei - Mar 10, 2023 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, 2023
Transactions value $
-$29,765
Form type
4
Date filed
3/14/2023, 05:33 PM
Previous filing
Mar 7, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +4.93K +4.17% 123K Mar 10, 2023 Direct F1
transaction OPRT Common Stock Tax liability -$8.7K -2.01K -1.63% $4.32 121K Mar 10, 2023 Direct F2
transaction OPRT Common Stock Tax liability -$3.89K -900 -0.74% $4.32 120K Mar 10, 2023 Direct F2
transaction OPRT Common Stock Tax liability -$17.2K -3.98K -3.3% $4.32 116K Mar 10, 2023 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 -49.99% $0.00 4.94K Mar 10, 2023 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 The restricted stock units vest over four years from March 10, 2020 with 1/4 of the restricted stock units vesting annually on each anniversary date, provided that the Reporting Person remains in continuous service to the Issuer on each vesting date.