Russell Richard D. 4/A
4/A · LM FUNDING AMERICA, INC. · Filed May 15, 2023
Insider Transaction Report
Form 4/AAmended
Russell Richard D.
Chief Financial Officer
Transactions
- Award
Common Stock
2023-04-20+650,000→ 675,279 total - Award
Stock Option (right to buy)
2023-04-20+1,000,000→ 1,000,000 totalExercise: $0.75Exp: 2033-04-20→ Common Stock (1,000,000 underlying)
Holdings
- 1,500
Stock Option (right to buy)
Exercise: $50.00Exp: 2028-05-29→ Common Stock (1,500 underlying) - 500
Stock Option (right to buy)
Exercise: $500.00Exp: 2027-11-29→ Common Stock (500 underlying)
Footnotes (4)
- [F1]Award of restricted stock granted to reporting person under the 2021 Omnibus Incentive Plan (the "Plan"). The shares of restricted stock shall vest monthly over a period of twelve (12) months.
- [F2]This amendment is filed to correct the exercise price of the stock option which was originally reported as $0.714. The correct exercise price is $0.751 as set forth in this amendment.
- [F3]Options were granted under the Plan. Options will vest as to one-half of the option shares on April 20, 2024, and as to one-half of the option shares on April 20, 2025 subject to acceleration of vesting upon a Change of Control (as defined in the Plan) or upon the Issuer attaining certain performance milestones.
- [F4]This option is presently exercisable in full.