McCree Douglas I. 4
4 · LM FUNDING AMERICA, INC. · Filed Jun 17, 2022
Insider Transaction Report
Form 4
McCree Douglas I.
Director
Transactions
- Purchase
Common Stock
2022-06-14$0.91/sh+5,000$4,545→ 5,410 total
Holdings
- 100
Stock Option (right to buy)
Exercise: $500.00Exp: 2025-10-22→ Common Stock (100 underlying) - 12,605
Stock Option (right to buy)
Exercise: $5.95Exp: 2031-10-28→ Common Stock (12,605 underlying)
Footnotes (2)
- [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.
- [F2]This option is presently exercisable in full.