0001209191-22-032715.txt : 20220527
0001209191-22-032715.hdr.sgml : 20220527
20220527183759
ACCESSION NUMBER: 0001209191-22-032715
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220525
FILED AS OF DATE: 20220527
DATE AS OF CHANGE: 20220527
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Vennettilli David
CENTRAL INDEX KEY: 0001873027
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39550
FILM NUMBER: 22979552
MAIL ADDRESS:
STREET 1: 105 S. MAPLE STREET
CITY: ITASCA
STATE: IL
ZIP: 60143
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
X0306
4
2022-05-25
0
0001818502
OppFi Inc.
OPFI
0001873027
Vennettilli David
130 EAST RANDOLPH STREET, SUITE 3400
CHICAGO
IL
60601
1
0
0
0
Class A Common Stock
2022-05-25
4
P
0
155
3.3082
A
4843
D
Class A Common Stock
2022-05-26
4
P
0
421
3.5219
A
5264
D
Class V Common Stock
195469
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 $3.2350 to $3.50 for a weighted average sale price of $3.3082. 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. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18.
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $3.52 to $3.60 for a weighted average sale price of $3.5219. 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. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18.
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 DAV 513 Revocable Trust 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 Class V Common Stock that the reporting person (or DAV 513 Revocable Trust) has the right to acquire pursuant to Exchange Rights with respect to an equivalent number of Class A common units of Opportunity Financial. Includes 51,393 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 of 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 DAV 513 Revocable Trust's) Exchange Rights.
/s/ Marv Gurevich, Esq., as attorney-in-fact for David Vennettilli
2022-05-27