Frederick J. Mills - Dec 29, 2022 Form 4 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role: Director
Signature: /s/ Frederick J. Mills
Stock symbol: LMFA
Transactions as of: Dec 29, 2022
Transactions value $: $0
Form type: 4
Date filed: 1/3/2023, 04:20 PM
Previous filing: Nov 1, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LMFA	Common Stock						520	Dec 29, 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)	Award	$0	+168K		$0.00	168K	Dec 29, 2022	Common Stock	168K	$0.59	Direct	F2
holding	LMFA	Stock Option (right to buy)						12.6K	Dec 29, 2022	Common Stock	12.6K	$5.95	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Options were granted under the LM Funding America, Inc. 2021 Omnibus Incentive Plan. These options are fully vested as of the date of this Form 4.
F2	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 the 180th day after the grant date and as to one-half on the date that is the first anniversary of the grant date. Unvested awards will become fully vested upon a Change of Control, as that term is used in the Plan.

Content

Options were granted under the LM Funding America, Inc. 2021 Omnibus Incentive Plan. These options are fully vested as of the date of this Form 4.

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 the 180th day after the grant date and as to one-half on the date that is the first anniversary of the grant date. Unvested awards will become fully vested upon a Change of Control, as that term is used in the Plan.