A Class 4 felony can land someone with prison time. While not as severe as Class 1-3 felonies, people charged with Class 1 felonies typically commit a violent crime, such as murder. A Class 4 felony constitutes the least severe felony and is only one step away from the most severe misdemeanor. Other examples of Class 4 felonies could include theft of a motor vehicle or aggravated assault. While a Class 4 felony constitutes the lesser of other felony categories, it still carries serious consequences. Someone with this type of felony could face large fines and jail time. This conviction could also stay on their record for the rest of their life. In this case, getting a job or a loan could prove challenging.