Jonathan Aaron Coblentz - 15 Mar 2024 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
CFO & Chief Admin Officer
Signature
/s/Kathleen Layton (Attorney-in-Fact)
Issuer symbol
OPRT
Transactions as of
15 Mar 2024
Net transactions value
-$46,559
Form type
4
Filing time
19 Mar 2024, 18:08:11 UTC
Previous filing
08 Dec 2023
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 +7,895 +3.6% 224,748 15 Mar 2024 Direct F1
transaction OPRT Common Stock Tax liability $11,391 -3,236 -1.4% $3.52 221,512 15 Mar 2024 Direct F2
transaction OPRT Common Stock Tax liability $5,090 -1,446 -0.65% $3.52 220,066 15 Mar 2024 Direct F2
transaction OPRT Common Stock Tax liability $21,859 -6,210 -2.8% $3.52 213,856 15 Mar 2024 Direct F2
transaction OPRT Common Stock Tax liability $8,219 -2,335 -1.1% $3.52 211,521 15 Mar 2024 Direct F2
holding OPRT Common Stock 272,780 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 Restricted Stock Units Options Exercise $0 -7,895 -100% $0.000000* 0 15 Mar 2024 Common Stock 7,895 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 vested 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.