Raul Vazquez - 15 Mar 2024 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
Chief Executive Officer, Director
Signature
/s/Kathleen Layton (Attorney-in-Fact)
Issuer symbol
OPRT
Transactions as of
15 Mar 2024
Net transactions value
-$179,263
Form type
4
Filing time
19 Mar 2024, 18:04:29 UTC
Previous filing
22 Jan 2024
Next filing
18 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +23,027 +2% 1,157,970 15 Mar 2024 Direct F1
transaction OPRT Common Stock Tax liability $30,346 -8,621 -0.74% $3.52 1,149,349 15 Mar 2024 Direct F2
transaction OPRT Common Stock Tax liability $12,925 -3,672 -0.32% $3.52 1,145,677 15 Mar 2024 Direct F2
transaction OPRT Common Stock Tax liability $62,160 -17,659 -1.5% $3.52 1,128,018 15 Mar 2024 Direct F2
transaction OPRT Common Stock Tax liability $73,832 -20,975 -1.9% $3.52 1,107,043 15 Mar 2024 Direct F2
holding OPRT Common Stock 233,709 15 Mar 2024 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 -23,027 -100% $0.000000* 0 15 Mar 2024 Common Stock 23,027 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 1/4 of the restricted stock units vested on March 10, 2021 and 1/4 of the restricted stock units shall vest annually over three years, subject to the continued service of the Reporting Person on each vesting date.