0001538716-23-000184.txt : 20231208
0001538716-23-000184.hdr.sgml : 20231208
20231208201856
ACCESSION NUMBER: 0001538716-23-000184
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231206
FILED AS OF DATE: 20231208
DATE AS OF CHANGE: 20231208
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: COBLENTZ JONATHAN AARON
CENTRAL INDEX KEY: 0001397972
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39050
FILM NUMBER: 231476742
MAIL ADDRESS:
STREET 1: 23 WEST 73RD STREET
STREET 2: APT 914
CITY: NEW YORK
STATE: NY
ZIP: 10023
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Oportun Financial Corp
CENTRAL INDEX KEY: 0001538716
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 453361983
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2 CIRCLE STAR WAY
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
BUSINESS PHONE: (650) 810-8823
MAIL ADDRESS:
STREET 1: 2 CIRCLE STAR WAY
CITY: SAN CARLOS
STATE: CA
ZIP: 94070
FORMER COMPANY:
FORMER CONFORMED NAME: Progreso Financiero Holdings, Inc.
DATE OF NAME CHANGE: 20120104
4
1
wk-form4_1702084727.xml
FORM 4
X0508
4
2023-12-06
0
0001538716
Oportun Financial Corp
OPRT
0001397972
COBLENTZ JONATHAN AARON
OPORTUN FINANCIAL CORPORATION
2 CIRCLE STAR WAY
SAN CARLOS
CA
94070
0
1
0
0
CFO & Chief Admin Officer
0
Common Stock
2023-12-06
4
A
0
20101
A
216853
D
Common Stock
272780
I
See footnote.
Performance Stock Units
2023-12-06
4
A
0
20101
0
A
2026-03-10
Common Stock
20101
20101
D
The Restricted Stock Units (RSU) vest in 3 equal annual installments from the vesting commencement date of March 10, 2023, subject to the continued service of the Reporting Person on each vesting date.
Each Restricted Stock Unit (RSU) and each Performance-Based RSU (PSU) represents the right to receive, at settlement, one share of common stock.
These shares are held in the Jonathan A. Coblentz Revocable Trust U/A/D 3/31/2017 for which the Reporting Person is the Trustee.
PSUs will vest based on the Company's achievement of absolute total shareholder return (Company TSR). The TSR period will be the three (3) year period covering calendar years 2023 through 2025. The performance metric will be met, and the PSUs will vest, based on percentile achievement. The Company's Compensation Committee will determine and certify in writing within forty-five (45) days following the last day of the TSR period, whether the Company has achieved any TSR goals. In addition to such performance requirements, the PSUs are subject to satisfying service-based requirements and any PSUs that are achieved will be scheduled to vest on March 10, 2026.
/s/Kathleen Layton (Attorney-in-Fact)
2023-12-08