Raul Vazquez - Mar 10, 2023 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role: Chief Executive Officer, Director
Signature: /s/ Kathleen Layton (Attorney-in-Fact)
Stock symbol: OPRT
Transactions as of: Mar 10, 2023
Transactions value $: -$123,708
Form type: 4
Date filed: 3/14/2023, 05:54 PM
Previous filing: Mar 7, 2023
Next filing: Jun 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	OPRT	Common Stock	Options Exercise		+23K	+2.39%		988K	Mar 10, 2023	Direct	F1
transaction	OPRT	Common Stock	Tax liability	-$34.4K	-7.96K	-0.81%	$4.32	981K	Mar 10, 2023	Direct	F2
transaction	OPRT	Common Stock	Tax liability	-$15.4K	-3.56K	-0.36%	$4.32	977K	Mar 10, 2023	Direct	F2
transaction	OPRT	Common Stock	Tax liability	-$73.9K	-17.1K	-1.75%	$4.32	960K	Mar 10, 2023	Direct	F2
holding	OPRT	Common Stock						234K	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	Resricted Stock Units	Options Exercise	$0	-23K	-50%	$0.00	23K	Mar 10, 2023	Common Stock	23K		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 a family trust 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.