Sec Form 4 Filing - Institutional Venture Management XIV, LLC @ Oportun Financial Corp - 2023-09-05

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person Institutional Venture Management XIV, LLC 2. Issuer Name and Ticker or Trading Symbol Oportun Financial Corp [ OPRT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 3. Date of Earliest Transaction (MM/DD/YY) 09/05/2023 (Street) MENLO PARK, CA94025 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 09/05/2023 S 50,000 D $ 7.31 ( 1 ) 3,358,691 I By Institutional Venture Partners XIV, L.P. ( 2 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Institutional Venture Management XIV, LLC 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X Institutional Venture Partners XIV, L.P. 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X Chaffee Todd C 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X FOGELSONG NORMAN A 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X Harrick Stephen J 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X Maltz Jules A. 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X Miller J Sanford 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X Phelps Dennis B 3000 SAND HILL ROAD, BLDG. 2, SUITE 250 MENLO PARK, CA94025 X Signatures /s/ Tracy Hogan, as Attorney-in-Fact for Institutional Venture Management XIV, LLC 09/07/2023 Signature of Reporting Person Date /s/ Tracy Hogan, as Attorney-in-Fact for Institutional Venture Partners XIV L.P. 09/07/2023 Signature of Reporting Person Date /s/ Tracy Hogan, as Attorney-in-Fact for Todd C. Chaffee 09/07/2023 Signature of Reporting Person Date /s/ Tracy Hogan, as Attorney-in-Fact for Norman A. Fogelsong 09/07/2023 Signature of Reporting Person Date /s/ Tracy Hogan, as Attorney-in-Fact for Stephen J. Harrick 09/07/2023 Signature of Reporting Person Date /s/ Tracy Hogan, as Attorney-in-Fact for Jules A. Maltz 09/07/2023 Signature of Reporting Person Date /s/ Tracy Hogan, as Attorney-in-Fact for J. Sanford Miller 09/07/2023 Signature of Reporting Person Date /s/ Tracy Hogan, as Attorney-in-Fact for Dennis B. Phelps, Jr. 09/07/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.13 to $7.57 inclusive. The Reporting Persons undertake to provide to 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. ( 2 )These shares are owned directly by Institutional Venture Partners XIV, L.P., of which Institutional Venture Management XIV, LLC ("IVM XIV") is the sole general partner and exercises voting and investment power over these shares. The managing directors of IVM XIV are Todd C. Chaffee, Norman A. Fogelsong, Stephen J. Harrick, Jules A. Maltz, J. Sanford Miller and Dennis B. Phelps, Jr. Each of the Reporting Persons disclaims beneficial ownership of these securities, except to the extent of its or his respective proportionate pecuniary interest therein and this report shall not be deemed an admission that any Reporting Person is the beneficial owner of such securities for Section 16 or any other purpose.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.