Bruce M. Rodgers - 31 Dec 2022 Form 5 Insider Report for LM FUNDING AMERICA, INC. (LMFA)

Role
Chairman, CEO and President, Director
Signature
/s/ Bruce M. Rodgers
Issuer symbol
LMFA
Transactions as of
31 Dec 2022
Net transactions value
$0
Form type
5
Filing time
14 Feb 2023, 15:33:28 UTC
Previous filing
22 Nov 2022
Next filing
10 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMFA Common Stock Gift $0 -6,575 -9.3% $0.000000 63,999 16 Jun 2022 By Bruce M. Rodgers Revocable Trust through CGR63, LLC F1
transaction LMFA Common Stock Gift $0 -6,574 -30% $0.000000 15,338 16 Jun 2022 By Carolinn Gould Revocable Trust through CGR63, LLC F1
holding LMFA Common Stock 853 31 Dec 2022 BRR Holding, LLC F2
holding LMFA Common Stock 232 31 Dec 2022 Bruce M. Rodgers IRA
holding LMFA Common Stock 20 31 Dec 2022 Carollinn Gould 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
holding LMFA Stock Option (right to buy) 0 31 Dec 2022 Common Stock 1,800,000 $5.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents indirect transfer of beneficial ownership by gift through transfer of equity interest in CGR63, LLC.
F2 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.
F3 Options to purchase shares of common stock were granted to Mr. Rodgers under the LM Funding America, Inc. 2021 Omnibus Incentive Plan on October 28, 2021. On November 18, 2022, Mr. Rodgers and the company mutually agreed to terminate the options, and Mr. Rodgers did not receive any consideration in exchange for such cancellation.