Oportun Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)

September 16, 2022

https://www.globenewswire.com/news-release/2022/09/16/2517826/0/en/Oportun-Reports-Inducement-Grants-under-Nasdaq-Listing-Rule-5635-c-4.html

SAN CARLOS, Calif., Sept. 16, 2022 (GLOBE NEWSWIRE) — Oportun (Nasdaq:OPRT), a mission-driven fintech company, today announced that on Sep. 10, 2022, it granted a total of 330,460 restricted stock units under the Oportun 2021 Inducement Equity Incentive Plan to 56 new employees who joined Oportun. These inducement grants have a four-year vesting term and 25% will vest on the one-year anniversary of the grant date, with the balance vesting in twelve substantially equal quarterly installments thereafter, subject to continued employment or service through each vesting date.

Read more at globenewswire.com

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