Richard D. Russell - Nov 18, 2022 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role
Chief Financial Officer
Signature
/s/ Richard D. Russell
Stock symbol
LMFA
Transactions as of
Nov 18, 2022
Transactions value $
$0
Form type
4
Date filed
11/22/2022, 12:32 PM
Previous filing
Feb 16, 2022
Next filing
Apr 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMFA Common Stock 25.3K Nov 18, 2022 Direct

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) Disposed to Issuer $0 -1.8M -100% $0.00* 0 Nov 18, 2022 Common Stock 1.8M $5.95 Direct F1
holding LMFA Stock Option (right to buy) 1.5K Nov 18, 2022 Common Stock 1.5K $50.00 Direct F2
holding LMFA Stock Option (right to buy) 500 Nov 18, 2022 Common Stock 500 $500.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options to purchase shares of common stock were granted to Mr. Russell under the LM Funding America, Inc. 2021 Omnibus Incentive Plan on October 28, 2021. On November 18, 2022, Mr. Russell and the company mutually agreed to terminate the options, and Mr. Russell did not receive any consideration in exchange for such cancellation.
F2 This option is presently exercisable in full.