4//SEC Filing
COBLENTZ JONATHAN AARON 4
Accession 0001538716-23-000184
CIK 0001538716other
Filed
Dec 7, 7:00 PM ET
Accepted
Dec 8, 8:18 PM ET
Size
8.7 KB
Accession
0001538716-23-000184
Insider Transaction Report
Form 4
COBLENTZ JONATHAN AARON
CFO & Chief Admin Officer
Transactions
- Award
Common Stock
2023-12-06+20,101→ 216,853 total - Award
Performance Stock Units
2023-12-06+20,101→ 20,101 totalExp: 2026-03-10→ Common Stock (20,101 underlying)
Holdings
- 272,780(indirect: See footnote.)
Common Stock
Footnotes (4)
- [F1]The Restricted Stock Units (RSU) vest in 3 equal annual installments from the vesting commencement date of March 10, 2023, subject to the continued service of the Reporting Person on each vesting date.
- [F2]Each Restricted Stock Unit (RSU) and each Performance-Based RSU (PSU) represents the right to receive, at settlement, one share of common stock.
- [F3]These shares are held in the Jonathan A. Coblentz Revocable Trust U/A/D 3/31/2017 for which the Reporting Person is the Trustee.
- [F4]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 2023 through 2025. The performance metric will be met, and the PSUs will vest, based on percentile achievement. The Company's Compensation Committee will determine and certify in writing within forty-five (45) days following the last day of the TSR period, whether the Company has achieved any TSR goals. 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, 2026.
Documents
Issuer
Oportun Financial Corp
CIK 0001538716
Entity typeother
Related Parties
1- filerCIK 0001397972
Filing Metadata
- Form type
- 4
- Filed
- Dec 7, 7:00 PM ET
- Accepted
- Dec 8, 8:18 PM ET
- Size
- 8.7 KB