Raul Vazquez - Jun 14, 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
Jun 14, 2023
Transactions value $
-$511,660
Form type
4
Date filed
6/15/2023, 04:48 PM
Previous filing
Mar 14, 2023
Next filing
Sep 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise $47.4K +10.8K +1.12% $4.40 971K Jun 14, 2023 Direct
transaction OPRT Common Stock Tax liability -$47.4K -8.08K -0.83% $5.86 963K Jun 14, 2023 Direct F1
transaction OPRT Common Stock Options Exercise $400K +90.9K +9.45% $4.40 1.05M Jun 14, 2023 Direct
transaction OPRT Common Stock Tax liability -$464K -79.2K -7.52% $5.86 974K Jun 14, 2023 Direct F2
holding OPRT Common Stock 234K Jun 14, 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 Stock Option (Right to Buy) Options Exercise -$47.4K -10.8K -10.59% $4.40 90.9K Jun 14, 2023 Common Stock 10.8K $4.40 Direct F4
transaction OPRT Stock Option (Right to Buy) Options Exercise -$400K -90.9K -100% $4.40 0 Jun 14, 2023 Common Stock 90.9K $4.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents tender of previously owned shares to cover the exercise price of the stock options.
F2 Represents shares withheld by the issuer to pay the exercise price and taxes pursuant to the "net exercise" of 90,909 option shares.
F3 These shares are held in a family trust for which the Reporting Person is the Trustee.
F4 The option is fully vested.