Russell Richard D. 4
4 · LM FUNDING AMERICA, INC. · Filed Nov 22, 2022
Insider Transaction Report
Form 4
Russell Richard D.
Chief Financial Officer
Transactions
- Disposition to Issuer
Stock Option (right to buy)
2022-11-18−1,800,000→ 0 totalExercise: $5.95Exp: 2031-10-28→ Common Stock (1,800,000 underlying)
Holdings
- 25,279
Common Stock
- 1,500
Stock Option (right to buy)
Exercise: $50.00Exp: 2028-05-29→ Common Stock (1,500 underlying) - 500
Stock Option (right to buy)
Exercise: $500.00Exp: 2027-11-29→ Common Stock (500 underlying)
Footnotes (2)
- [F1]Options to purchase shares of common stock were granted to Mr. Russell under the LM Funding America, Inc. 2021 Omnibus Incentive Plan on October 28, 2021. On November 18, 2022, Mr. Russell and the company mutually agreed to terminate the options, and Mr. Russell did not receive any consideration in exchange for such cancellation.
- [F2]This option is presently exercisable in full.