0001209191-23-034658.txt : 20230605
0001209191-23-034658.hdr.sgml : 20230605
20230605194746
ACCESSION NUMBER: 0001209191-23-034658
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230601
FILED AS OF DATE: 20230605
DATE AS OF CHANGE: 20230605
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCHWARTZ THEODORE G
CENTRAL INDEX KEY: 0001001874
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39550
FILM NUMBER: 23994540
MAIL ADDRESS:
STREET 1: C/O APAC CUSTOMER SERVICES, INC.
STREET 2: SIX PARKWAY NORTH
CITY: DEERFIELD
STATE: IL
ZIP: 60015
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: OppFi Inc.
CENTRAL INDEX KEY: 0001818502
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 851648122
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 130 E. RANDOLPH STREET
STREET 2: SUITE 3400
CITY: CHICAGO
STATE: IL
ZIP: 60601
BUSINESS PHONE: (312) 212-8079
MAIL ADDRESS:
STREET 1: 130 E. RANDOLPH STREET
STREET 2: SUITE 3400
CITY: CHICAGO
STATE: IL
ZIP: 60601
FORMER COMPANY:
FORMER CONFORMED NAME: FG New America Acquisition Corp.
DATE OF NAME CHANGE: 20200717
4
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-06-01
0
0001818502
OppFi Inc.
OPFI
0001001874
SCHWARTZ THEODORE G
ONE NORTH WACKER DRIVE, SUITE 3605
CHICAGO
IL
60606
1
0
1
0
0
Class A Common Stock
2023-06-01
4
P
0
3592
2.1048
A
501784
I
By LTHS Revocable Trust
Class A Common Stock
2023-06-02
4
P
0
3203
2.098
A
504987
I
By LTHS Revocable Trust
Class A Common Stock
18484
D
Class V Common Stock
33764382
I
By OppFi Shares, LLC
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $2.08 to $2.12 for a weighted average sale price of $2.1048. The reporting person undertakes to provide the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $2.06 to $2.11 for a weighted average sale price of $2.098. The reporting person undertakes to provide the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock"), of the issuer represent voting, non-economic interests in the issuer. Except as provided in the issuer's certificate of incorporation, as amended, or as required by applicable law, holders of Class V Common Stock will be entitled to one vote per share of Class V Common Stock on all matters to be voted on by the issuer's stockholders generally. The shares of Class V Common Stock will be cancelled by the issuer if the reporting person exercises (or causes LTHS Capital Group LP to exercise) its right to exchange Class A common units of Opportunity Financial, LLC ("Opportunity Financial") for either one share of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the issuer or, at the election of the issuer in its capacity as the sole manager of Opportunity Financial, the cash equivalent of the market value of one share of Class A Common Stock ("Exchange Rights").
Represents shares of Class V Common Stock that the reporting person (or LTHS Capital Group LP) has the right to acquire pursuant to Exchange Rights with respect to an equivalent number of Class A common units of Opportunity Financial. Includes 8,877,023 shares of Class V Common Stock subject to certain restrictions and potential forfeiture pending the achievement of certain earnout targets.
The shares of Class V Common Stock are held by OppFi Shares, LLC ("OFS"), which has sole voting power over the shares of Class V Common Stock reported in Table I hereof. The reporting person has the indirect right to cause OFS to dispose of the shares of Class V Common Stock reported in Table I hereof to the issuer pursuant to the reporting person's (or LTHS Capital Group LP's) Exchange Rights.
/s/ Marv Gurevich, Esq., as attorney-in-fact for Theodore G. Schwartz
2023-06-05