Mills Frederick J 4
4 · LM FUNDING AMERICA, INC. · Filed Nov 1, 2021
Insider Transaction Report
Form 4
Mills Frederick J
Director
Transactions
- Award
Stock Option (right to buy)
2021-10-28+12,605→ 12,605 totalExercise: $5.95Exp: 2031-10-28→ Common Stock (12,605 underlying)
Holdings
- 520
Common Stock
Footnotes (1)
- [F1]Options were granted under the LM Funding America, Inc. 2021 Omnibus Incentive Plan ("Plan"). Options will vest as to one-half of the option shares on April 26, 2022, and as to one-half of the option shares on October 28, 2022, subject to acceleration of vesting upon a Change of Control (as defined in the Plan) or upon the Issuer's common stock achieving a closing price of greater than $12.00 for 10 consecutive trading days. Notwithstanding, the options will not be exercisable unless and until the Plan is approved by the Issuer's stockholders within one year of grant date.