Tian Zhang - 01 Dec 2022 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role
Director
Signature
/s/ Tian Zhang
Issuer symbol
LMFA
Transactions as of
01 Dec 2022
Net transactions value
$0
Form type
4
Filing time
05 Dec 2022, 12:10:19 UTC
Previous filing
23 Nov 2022
SEC
View on sec.gov

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 +37,314 $0.000000 37,314 01 Dec 2022 Common Stock 37,314 $0.6700 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option awards to purchase shares of common stock were granted under the Non-Employee Director Compensation Plan, as amended on November 18, 2022 (the "Plan"). Shares subject to the options will vest as to one-half on May 30, 2023 and as to the remaining one-half on December 1, 2023. Unvested awards will become fully vested upon a Change of Control, as that term is used in the Plan.