4//SEC Filing
Rodgers Bruce M. 4
Accession 0001567619-22-004716
CIK 0001640384other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:45 PM ET
Size
10.5 KB
Accession
0001567619-22-004716
Insider Transaction Report
Form 4
Rodgers Bruce M.
DirectorChairman, CEO and President
Transactions
- Award
Common Stock
2022-02-14+48,662→ 48,662 total
Holdings
- 20(indirect: By IRA)
Common Stock
- 21,912(indirect: By Trust)
Common Stock
- 853(indirect: By LLC)
Common Stock
- 232(indirect: By IRA)
Common Stock
- 21,912(indirect: By Trust)
Common Stock
- 1,800,000
Stock Option (right to buy)
Exercise: $5.95Exp: 2031-10-28→ Common Stock (1,800,000 underlying)
Footnotes (3)
- [F1]Shares were issued under employment agreement as described in Form 8-K filed by LM Funding America, Inc. on November 1, 2021.
- [F2]Bruce M. Rogers and Carollinn Gould, husband and wife, and their family, including trusts or custodial accounts of minor children of each of Mr. Rodgers and Ms. Gould, own 100% of the outstanding membership interests of BRR Holding, LLC. The reporting person disclaims beneficial ownership of these shares except to the extent of the reporting person's pecuniary interest in the shares.
- [F3]Options were granted under the LM Funding America, Inc. 2021 Omnibus Incentive Plan ("Plan"). Options will vest as to one-third of option shares on October 28, 2022 and as to 1/36 of the options shares on a monthly basis thereafter until vested in full, 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.
Documents
Issuer
LM FUNDING AMERICA, INC.
CIK 0001640384
Entity typeother
Related Parties
1- filerCIK 0001653727
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 4:45 PM ET
- Size
- 10.5 KB