Filing Details

Accession Number:
0001538716-20-000126
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-09-02 19:40:32
Reporting Period:
2020-08-31
Accepted Time:
2020-09-02 19:40:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1538716 Oportun Financial Corp OPRT Finance Services (6199) 453361983
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1786953 Anthony David Needham Oportun Financial Corporation
2 Circle Star Way
San Carlos CA 94070
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-08-31 5,870 $0.00 21,748 No 4 M Direct
Common Stock Disposition 2020-08-31 2,115 $12.81 19,633 No 4 S Direct
Common Stock Acquisiton 2020-08-31 341 $0.00 19,974 No 4 M Direct
Common Stock Disposition 2020-08-31 123 $12.81 19,851 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2020-08-31 5,870 $0.00 5,870 $0.00
Common Stock Restricted Stock Units Disposition 2020-08-31 341 $0.00 341 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,742 No 4 M Direct
341 No 4 M Direct
Footnotes
  1. Each restricted stock unit represents the right to receive at settlement, one share of common stock.
  2. Represents shares of common stock sold to satisfy the Reporting Person's minimum tax obligation in respect of the shares issued upon vesting of a restricted stock unit.
  3. Weighted average price. These shares were sold in multiple transactions at prices ranging from $12.73 to $12.98 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The restricted stock units vest over four years from August 30, 2018 with 1/4 of the restricted stock units vesting on each one year anniversary, provided that the Reporting Person remains in continuous service to the Issuer on each vesting date.
  5. The restricted stock units vest over four years from November 30, 2016 with 1/4 of the restricted stock units vesting on the one year anniversary and the remainder vesting quarterly, provided that the Reporting Person remains in continuous service to the Issuer on each vesting date.