Jonathan Aaron Coblentz - Mar 10, 2023 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
CFO & Chief Admin Officer
Signature
/s/ Kathleen Layton (Attorney-in-Fact)
Stock symbol
OPRT
Transactions as of
Mar 10, 2023
Transactions value $
-$42,612
Form type
4
Date filed
3/14/2023, 05:38 PM
Previous filing
Mar 7, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +7.9K +8.06% 106K Mar 10, 2023 Direct F1
transaction OPRT Common Stock Tax liability -$13.9K -3.22K -3.04% $4.32 103K Mar 10, 2023 Direct F2
transaction OPRT Common Stock Tax liability -$5.77K -1.34K -1.3% $4.32 101K Mar 10, 2023 Direct F2
transaction OPRT Common Stock Tax liability -$22.9K -5.31K -5.24% $4.32 95.9K Mar 10, 2023 Direct F2
holding OPRT Common Stock 273K Mar 10, 2023 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 -50% $0.00 7.9K Mar 10, 2023 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 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.