Patrick Kirscht - Mar 15, 2024 Form 4 Insider Report for Oportun Financial Corp (OPRT)

Role
Chief Credit Officer
Signature
/s/Kathleen Layton (Attorney-in-Fact)
Stock symbol
OPRT
Transactions as of
Mar 15, 2024
Transactions value $
-$101,275
Form type
4
Date filed
3/19/2024, 06:14 PM
Previous filing
Dec 8, 2023
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OPRT Common Stock Options Exercise +9.87K +3.38% 302K Mar 15, 2024 Direct F1
transaction OPRT Common Stock Tax liability -$20.7K -6.82K -2.26% $3.03 295K Mar 15, 2024 Direct F2, F3
transaction OPRT Common Stock Tax liability -$9.16K -3.02K -1.02% $3.03 292K Mar 15, 2024 Direct F2, F3
transaction OPRT Common Stock Tax liability -$40.4K -13.3K -4.56% $3.03 279K Mar 15, 2024 Direct F2, F3
transaction OPRT Common Stock Tax liability -$31.1K -10.3K -3.68% $3.03 269K Mar 15, 2024 Direct F2, F3
holding OPRT Common Stock 2.9K Mar 15, 2024 By Child 1 F4
holding OPRT Common Stock 2.9K Mar 15, 2024 By Child 2 F4

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 -9.87K -100% $0.00* 0 Mar 15, 2024 Common Stock 9.87K Direct F1, F5
* 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 Represents shares of common stock sold to satisfy the reporting person's minimum tax obligation in respect of the shares issued upon vesting of a restricted stock unit.
F3 Weighted average price. These shares were sold in multiple transactions at prices ranging from $2.78 to $3.24 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The Reporting Person disclaims beneficial ownership of the shares held by his child, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his child's shares for purposes of Section 16 or for any other purpose.
F5 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.