0001786953-20-000006.txt : 20200326
0001786953-20-000006.hdr.sgml : 20200326
20200326202451
ACCESSION NUMBER: 0001786953-20-000006
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: Needham David Anthony
CENTRAL INDEX KEY: 0001786953
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39050
FILM NUMBER: 20747600
MAIL ADDRESS:
STREET 1: 2 CIRCLE STAR WAY
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
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_158526867246994.xml
FORM 4
X0306
4
2020-03-24
0
0001538716
Oportun Financial Corp
OPRT
0001786953
Needham David Anthony
OPORTUN FINANCIAL CORPORATION
2 CIRCLE STAR WAY
SAN CARLOS
CA
94070
0
1
0
0
Chief Technology Officer
Common Stock
2020-03-24
4
M
0
4431
A
8893
D
Common Stock
2020-03-24
4
F
0
1534
11.50
D
7359
D
Common Stock
2020-03-24
4
M
0
1249
A
8608
D
Common Stock
2020-03-24
4
F
0
437
11.50
D
8171
D
Common Stock
2020-03-24
4
M
0
5870
A
14041
D
Common Stock
2020-03-24
4
F
0
2030
11.50
D
12011
D
Restricted Stock Units
2020-03-24
4
M
0
4431
0
D
Common Stock
4431.0
1023
D
Restricted Stock Units
2020-03-24
4
M
0
1249
0
D
Common Stock
1249.0
569
D
Restricted Stock Units
2020-03-24
4
M
0
5870
0
D
Common Stock
5870.0
17612
D
Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
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 March 3, 2017 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. 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 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. 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