SEC Form 4 · accession 0001140361-15-038557
LM FUNDING AMERICA, INC. · LMFA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas I. McCree
Director
Period of report
Oct 22, 2015
Accepted (ET)
Oct 26, 2015 · 4:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001640384
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 22, 2015 | P | 5,000 | $10.00 | A | 5,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $10.00 | Oct 22, 2015 | A | 5,000 | A | — | Oct 22, 2025 | Common Stock | 5,000 | 5,000 | D |
| WarrantsF1,F3 | $12.50 | Oct 22, 2015 | P | 5,000 | A | — | Oct 22, 2020 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The reporting person purchased Units consisting of Common Stock and Warrants. The price of each such Unit was $10.00 as reported in Column 4 of Table 1 hereof.
- F2Grant to reporting person of option to buy shares under the 2015 Omnibus Incentive Plan. One-third of the options become exercisable on the first, second, and third anniversary of the date of grant.
- F3Immediately exercisable.