Carollinn Gould - Oct 28, 2021 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role: VP and Secretary, Director, 10%+ Owner
Signature: /s/ Carollinn Gould
Stock symbol: LMFA
Transactions as of: Oct 28, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/1/2021, 05:14 PM
Next filing: Jan 3, 2023

Transactions Table

Type	Sym	Class	Shares After	Date	Ownership	Footnotes
holding	LMFA	Common Stock	21.9K	Oct 28, 2021	Carollinn Gould Revocable Trust
holding	LMFA	Common Stock	21.9K	Oct 28, 2021	Bruce M. Rodgers Revocable Trust
holding	LMFA	Common Stock	853	Oct 28, 2021	BRR Holding, LLC	F1
holding	LMFA	Common Stock	20	Oct 28, 2021	Carollinn Gould IRA
holding	LMFA	Common Stock	232	Oct 28, 2021	Bruce M. Rodgers IRA

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	LMFA	Stock Option (right to buy)	Award	$0	+10.1K		$0.00	10.1K	Oct 28, 2021	Common Stock	10.1K	$5.95	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Bruce M. Rogers and Carollinn Gould, husband and wife, and their family, including trusts or custodial accounts of minor children of each of Mr. Rodgers and Ms. Gould, own 100% of the outstanding membership interests of BRR Holding, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
F2	Options were granted under the LM Funding America, Inc. 2021 Omnibus Incentive Plan ("Plan"). Options will vest as to one-half of the option shares on April 26, 2022, and as to one-half of the option shares on October 28, 2022, subject to acceleration of vesting upon a Change of Control (as defined in the Plan) or upon the Issuer's common stock achieving a closing price of greater than $12.00 for 10 consecutive trading days. Notwithstanding, the options will not be exercisable unless and until the Plan is approved by the Issuer's stockholders within one year of grant date.

Content

Bruce M. Rogers and Carollinn Gould, husband and wife, and their family, including trusts or custodial accounts of minor children of each of Mr. Rodgers and Ms. Gould, own 100% of the outstanding membership interests of BRR Holding, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.

Options were granted under the LM Funding America, Inc. 2021 Omnibus Incentive Plan ("Plan"). Options will vest as to one-half of the option shares on April 26, 2022, and as to one-half of the option shares on October 28, 2022, subject to acceleration of vesting upon a Change of Control (as defined in the Plan) or upon the Issuer's common stock achieving a closing price of greater than $12.00 for 10 consecutive trading days. Notwithstanding, the options will not be exercisable unless and until the Plan is approved by the Issuer's stockholders within one year of grant date.