Vennettilli David's Form 4 filing
OppFi Inc. (OPFI) · filed Mar 12, 2025
- Accession no.
- 0000905148-25-000910
- Filed
- Mar 12, 2025
- Trade date
- Mar 7-11, 2025
- Filing delay
- 5 daysLate
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 1 derivative transaction. Open-market sales total $688.2K. It was filed 5 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Vennettilli DavidCIK 0001873027 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 7, 2025 | Class V Common Stock | DReturned to the companyDisposed | −43,238 | $0.00F2 | $0 | 1,000 | Indirect | |
| Mar 7, 2025 | Class A Common Stock | MOption exerciseAcquired | +43,238 | $0.00F5 | $0 | 43,238 | Indirect | |
| Mar 7, 2025 | Class A Common Stock | SSaleDisposed | −43,238 | $9.45F6 | −$408,599.1 | 0 | Indirect | |
| Mar 11, 2025 | Class A Common Stock | SSaleDisposed | −30,762 | $9.09F7 | −$279,626.58 | 90,762 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 7, 2025 | Class A Common Stock | MOption exerciseDisposed | −43,238 | $0.00 | $0 | 1,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Reflects the cancellation of shares of Class V Common Stock in connection with the exercise of the Exchange Rights with respect to an equivalent number of Class A common units ("Common Units") of Opportunity Financial, LLC ("Opportunity Financial").
Referenced by the price of 1 transaction in Table I.
- F5
Reflects shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), received in connection with the exercise of the Exchange Rights by DAV.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $9.35 to $9.58 for a weighted average sale price of $9.4492. The reporting person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $9.00 to $9.44 for a weighted average sale price of $9.0947. The reporting person undertakes to provide the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.