4//SEC Filing
Russell Richard D. 4
Accession 0001567619-22-004718
CIK 0001640384other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 4:47 PM ET
Size
9.0 KB
Accession
0001567619-22-004718
Insider Transaction Report
Form 4
Russell Richard D.
Chief Financial Officer
Transactions
- Award
Common Stock
2022-02-14+25,279→ 25,279 total
Holdings
- 1,800,000
Stock Option (right to buy)
Exercise: $5.95Exp: 2031-10-28→ Common Stock (1,800,000 underlying) - 500
Stock Option (right to buy)
Exercise: $500.00Exp: 2027-11-29→ Common Stock (500 underlying) - 1,500
Stock Option (right to buy)
Exercise: $50.00Exp: 2028-05-29→ Common Stock (1,500 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]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.
- [F3]This option is presently exercisable in full.
Documents
Issuer
LM FUNDING AMERICA, INC.
CIK 0001640384
Entity typeother
Related Parties
1- filerCIK 0001634290
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 4:47 PM ET
- Size
- 9.0 KB