Schwartz Theodore G's Form 4 filing
OppFi Inc. (OPFI) · filed Mar 20, 2025
- Accession no.
- 0000905148-25-000987
- Filed
- Mar 20, 2025
- Trade date
- Mar 18-19, 2025
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 12 non-derivative transactions and 4 derivative transactions. Open-market sales total $1.50M. It was filed 2 days after the trade.
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 |
|---|---|
| Schwartz Theodore GCIK 0001001874 | Director, 10% Owner |
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 18, 2025 | Class V Common Stock | DReturned to the companyDisposed | −36,230 | $0.00F2 | $0 | 24,691,808 | Indirect | |
| Mar 18, 2025 | Class V Common Stock | DReturned to the companyDisposed | −18,116 | $0.00F2 | $0 | 24,673,692 | Indirect | |
| Mar 18, 2025 | Class A Common Stock | MOption exerciseAcquired | +36,230 | $0.00F4 | $0 | 36,230 | Indirect | |
| Mar 18, 2025 | Class A Common Stock | SSaleDisposed | −36,230 | $9.07F7 | −$328,606.1 | 0 | Indirect | |
| Mar 18, 2025 | Class A Common Stock | MOption exerciseAcquired | +18,116 | $0.00F4 | $0 | 18,116 | Indirect | |
| Mar 18, 2025 | Class A Common Stock | SSaleDisposed | −18,116 | $9.07F7 | −$164,312.12 | 0 | Indirect | |
| Mar 19, 2025 | Class V Common Stock | DReturned to the companyDisposed | −70,404 | $0.00F2 | $0 | 24,603,288 | Indirect | |
| Mar 19, 2025 | Class V Common Stock | DReturned to the companyDisposed | −35,202 | $0.00F2 | $0 | 24,568,086 | Indirect | |
| Mar 19, 2025 | Class A Common Stock | MOption exerciseAcquired | +70,404 | $0.00F4 | $0 | 70,404 | Indirect | |
| Mar 19, 2025 | Class A Common Stock | SSaleDisposed | −70,404 | $9.57F8 | −$673,766.28 | 0 | Indirect | |
| Mar 19, 2025 | Class A Common Stock | MOption exerciseAcquired | +35,202 | $0.00F4 | $0 | 35,202 | Indirect | |
| Mar 19, 2025 | Class A Common Stock | SSaleDisposed | −35,202 | $9.57F8 | −$336,883.14 | 0 | Indirect |
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 18, 2025 | Class A Common Stock | MOption exerciseDisposed | −36,230 | $0.00 | $0 | 23,744,914 | Indirect | |
| Mar 18, 2025 | Class A Common Stock | MOption exerciseDisposed | −18,116 | $0.00 | $0 | 928,778 | Indirect | |
| Mar 19, 2025 | Class A Common Stock | MOption exerciseDisposed | −70,404 | $0.00 | $0 | 23,674,510 | Indirect | |
| Mar 19, 2025 | Class A Common Stock | MOption exerciseDisposed | −35,202 | $0.00 | $0 | 893,576 | 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 4 transactions in Table I.
- F4
Reflects shares of Class A Common Stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer received in connection with the exercise of the Exchange Rights.
Referenced by the price of 4 transactions 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 $8.835 to $9.19 for a weighted average sale price of $9.0729. 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 2 transactions in Table I.
- F8
The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions with prices ranging from $9.175 to $9.78 for a weighted average sale price of $9.5738. 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 2 transactions in Table I.