4//SEC Filing
Vazquez Raul 4
Accession 0001538716-25-000034
CIK 0001538716other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 5:04 PM ET
Size
9.0 KB
Accession
0001538716-25-000034
Insider Transaction Report
Form 4
Vazquez Raul
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-04-02+225,000→ 1,418,629 total - Award
Performance Stock Units
2025-04-02+225,000→ 225,000 totalExp: 2028-03-10→ Common Stock (225,000 underlying)
Holdings
- 233,709(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]The Restricted Stock Units (RSU) vest in 3 equal annual installments from the vesting commencement date of March 10, 2025, subject to the continued service of the Reporting Person on each vesting date.
- [F2]Each RSU represents the right to receive, at settlement, one share of common stock.
- [F3]These shares are held in a family trust for which the Reporting Person is the Trustee.
- [F4]Each Performance-Based RSU (PSU) represents the right to receive, at settlement, one share of common stock.
- [F5]Represents PSUs that are eligible to vest based on a one-year performance period for Economic ROA (as defined in the PSU Award Agreement). Earned PSUs will be deferred until the end of year three, at which point they will be subject to a modifier based on the Issuer's relative total shareholder return (rTSR) performance against the Russell 3000 Index before vesting. The rTSR performance period spans three (3) years covering calendar years 2025 through 2027. The number of PSUs reported in the table reflects the number of units subject to the award at target achievement. Actual vesting will be based on percentile performance, with potential payout ranging from 0% to 156% of the target units. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that become Eligible Units (as defined in the PSU Award Agreement) will be scheduled to vest on March 10, 2028.
Documents
Issuer
Oportun Financial Corp
CIK 0001538716
Entity typeother
Related Parties
1- filerCIK 0001578544
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 5:04 PM ET
- Size
- 9.0 KB