Russell Richard D. 4
4 · LM FUNDING AMERICA, INC. · Filed May 22, 2024
Insider Transaction Report
Form 4
Russell Richard D.
Chief Financial Officer
Transactions
- Purchase
Warrant
2024-05-21$0.26/sh+329,933.17$87,366→ 329,933.17 totalExercise: $30.00Exp: 2026-10-19→ Common Stock (329,933.17 underlying)
Holdings
- 250
Stock Option (right to buy)
Exercise: $300.00Exp: 2028-05-29→ Common Stock (250 underlying) - 83
Stock Option (right to buy)
Exercise: $3000.00Exp: 2027-11-29→ Common Stock (83 underlying) - 112,547
Common Stock
- 166,667
Stock Option (right to buy)
Exercise: $4.28Exp: 2033-04-20→ Common Stock (166,667 underlying)
Footnotes (4)
- [F1]Effective on March 12, 2024, LM Funding America, Inc. effected a 6 to 1 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- [F2]Warrant is presently exercisable in full.
- [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.