0001538716-24-000067.txt : 20240618 0001538716-24-000067.hdr.sgml : 20240618 20240618170125 ACCESSION NUMBER: 0001538716-24-000067 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240614 FILED AS OF DATE: 20240618 DATE AS OF CHANGE: 20240618 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Vazquez Raul CENTRAL INDEX KEY: 0001578544 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39050 FILM NUMBER: 241052787 MAIL ADDRESS: STREET 1: 500 STAPLES DR. CITY: FRAMINGHAM STATE: MA ZIP: 01702 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Oportun Financial Corp CENTRAL INDEX KEY: 0001538716 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 02 Finance 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 wk-form4_1718744478.xml FORM 4 X0508 4 2024-06-14 0 0001538716 Oportun Financial Corp OPRT 0001578544 Vazquez Raul OPORTUN FINANCIAL CORPORATION 2 CIRCLE STAR WAY SAN CARLOS CA 94070 1 1 0 0 Chief Executive Officer 0 Common Stock 2024-06-14 4 A 0 152672 A 1259715 D Common Stock 233709 I See footnote Performance Stock Units 2024-06-14 4 A 0 152672 0 A 2027-03-10 Common Stock 152672 152672 D The Restricted Stock Units (RSU) vest in 3 equal annual installments from the vesting commencement date of March 10, 2024, subject to the continued service of the Reporting Person on each vesting date. Each RSU represents the right to receive, at settlement, one share of common stock. These shares are held in a family trust for which the Reporting Person is the Trustee. Each Performance-Based RSU (PSU) represents the right to receive, at settlement, one share of common stock. PSUs will vest based on the Company's achievement of absolute total shareholder return (Company TSR). The TSR period will be the three (3) year period covering calendar years 2024 through 2026. The target number of units subject to the award is presented in the table. The performance metric will be met, and the PSUs will vest, based on percentile achievement of 0% to 125% of the target number of units, depending on performance. Any PSUs achieved above 100% of target may be paid out to the Reporting Person in either cash or shares of common stock, at the sole discretion of the Company's Compensation and Leadership Committee. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that are achieved will be scheduled to vest on March 10, 2027. /s/Kathleen Layton (Attorney-in-Fact) 2024-06-18