0001397972-20-000006.txt : 20200326
0001397972-20-000006.hdr.sgml : 20200326
20200326203254
ACCESSION NUMBER: 0001397972-20-000006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200324
FILED AS OF DATE: 20200326
DATE AS OF CHANGE: 20200326
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COBLENTZ JONATHAN AARON
CENTRAL INDEX KEY: 0001397972
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39050
FILM NUMBER: 20747617
MAIL ADDRESS:
STREET 1: 23 WEST 73RD STREET
STREET 2: APT 914
CITY: NEW YORK
STATE: NY
ZIP: 10023
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Oportun Financial Corp
CENTRAL INDEX KEY: 0001538716
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 453361983
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2 CIRCLE STAR WAY
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
BUSINESS PHONE: (650) 810-8823
MAIL ADDRESS:
STREET 1: 2 CIRCLE STAR WAY
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
FORMER COMPANY:
FORMER CONFORMED NAME: Progreso Financiero Holdings, Inc.
DATE OF NAME CHANGE: 20120104
4
1
wf-form4_158526915481477.xml
FORM 4
X0306
4
2020-03-24
0
0001538716
Oportun Financial Corp
OPRT
0001397972
COBLENTZ JONATHAN AARON
OPORTUN FINANCIAL CORPORATION
2 CIRCLE STAR WAY
SAN CARLOS
CA
94070
0
1
0
0
CFO & Chief Admin Officer
Common Stock
2020-03-24
4
M
0
11079
A
17028
D
Common Stock
2020-03-24
4
F
0
3834
11.50
D
13194
D
Common Stock
2020-03-24
4
M
0
9225
A
22419
D
Common Stock
2020-03-24
4
F
0
3191
11.50
D
19228
D
Common Stock
38172
I
See footnote.
Restricted Stock Units
2020-03-24
4
M
0
11079
0
D
Common Stock
11079.0
2557
D
Restricted Stock Units
2020-03-24
4
M
0
9225
0
D
Common Stock
9225.0
27675
D
Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
Certain of these shares are held in the Jonathan A. Coblentz Revocable Trust U/A/D 3/31/2017 for which the Reporting Person is the Trustee.
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 (the "Service and Vesting Requirement"). In addition to the Service and Vesting Requirement, the shares only vest upon (i) change in control of the Issuer or (ii) the first trading date following the expiration of the lock-up period applicable in connection with the Issuer's Initial Public Offering of Common Stock, whichever occurs first.
The restricted stock units vest over four years from November 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. In addition to the Service and Vesting Requirement, the shares only vest upon (i) change in control of the Issuer or (ii) the first trading date following the expiration of the lock-up period applicable in connection with the Issuer's Initial Public Offering of Common Stock, whichever occurs first.
/s/ Kathleen Layton (Attorney-in-Fact)
2020-03-26