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Filing Details

Accession Number:: 0001209191-22-030260
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-05-18 19:23:30
Reporting Period:: 2022-05-16

Accepted Time:: 2022-05-18 19:23:30
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1818502	Oppfi Inc.	OPFI	Finance Services (6199)	851648122

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1873027	David Vennettilli	130 East Randolph Street, Suite 3400 Chicago IL 60601		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2022-05-16	719	$2.94	3,415	No	4	P	Direct
Class A Common Stock	Acquisiton	2022-05-17	184	$3.07	3,599	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class V Common Stock	195,469	Indirect	By DAV 513 Revocable Trust

Footnotes

The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $2.76 to $3.04 for a weighted average sale price of $2.9392. 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 purchased at each separate price within the range set forth in this footnote. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18.
The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions with prices ranging from $3.03 to $3.10 for a weighted average sale price of $3.071. 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 purchased at each separate price within the range set forth in this footnote. All shares were purchased in accordance with the daily volume and other limitations and requirements of Rule 10b-18.
Shares of Class V common stock, par value $0.0001 per share ("Class V Common Stock"), of the issuer represent voting, non-economic interests in the issuer. Except as provided in the issuer's certificate of incorporation, as amended, or as required by applicable law, holders of Class V Common Stock will be entitled to one vote per share of Class V Common Stock on all matters to be voted on by the issuer's stockholders generally. The shares of Class V Common Stock will be cancelled by the issuer if the reporting person exercises (or causes DAV 513 Revocable Trust to exercise) its right to exchange Class A common units of Opportunity Financial, LLC ("Opportunity Financial") for either one share of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the issuer or, at the election of the issuer in its capacity as the sole manager of Opportunity Financial, the cash equivalent of the market value of one share of Class A Common Stock ("Exchange Rights").
Represents Class V Common Stock that the reporting person (or DAV 513 Revocable Trust) has the right to acquire pursuant to Exchange Rights with respect to an equivalent number of Class A common units of Opportunity Financial. Includes 51,393 shares of Class V Common Stock subject to certain restrictions and potential forfeiture pending the achievement of certain earnout targets.
The reporting person is the sole trustee and sole beneficiary of DAV 513 Revocable Trust.