Steven E. Cunningham - 23 Aug 2023 Form 4 Insider Report for Enova International, Inc. (ENVA)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Aug 2023, 15:21:44 UTC
Prior SEC filing
08 Aug 2023
Next SEC filing
06 Nov 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sean Rahilly, as attorney in fact

Key filing fact

Steven E. Cunningham filed Form 4 for Enova International, Inc. (ENVA) on 24 Aug 2023.

Key facts

  • This page summarizes Steven E. Cunningham's Form 4 filing for Enova International, Inc. (ENVA).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 24 Aug 2023, 15:21.

Change

  • Previous filing in this sequence was filed on 08 Aug 2023.
  • Current net transaction value: -$463,854.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ENVA transaction

Common Stock, par value $0.00001

Sale

Transaction value
$396,573
Shares
-7,892
Change %
-4.4%
Price
$50.25
Shares after
169,491
Date
23 Aug 2023
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ENVA transaction Derivative

Non-Qualified Stock Option (right to buy) with limited SAR

Options Exercise

Transaction value
$67,281
Shares
-4,546
Change %
-1.7%
Price
$14.80
Shares after
268,760
Date
23 Aug 2023
Ownership
Direct
Underlying class
Common stock, par value $0.00001
Underlying amount
4,546
Exercise price
$50.25
Footnotes
F2, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Includes timed-based restricted stock units previously granted to the Reporting Person.

Footnote F2

The limited stock appreciation right ("SAR") and employee stock option were granted in tandem. Accordingly, the exercise of one results in the expiration of the other. The SAR may be exercised only during the period beginning on the first day following the date that a "Change in Control" of Issuer occurs (as defined in the related grant agreement) and ending on the thirtieth day following such date. Upon exercise, the grantee shall be able to receive an amount equal to the product computed by multiplying (i) the excess of the "Offer Value Per Share" over the exercise price of the underlying option by (ii) the number of shares with respect to which the SAR is being exercised; provided, that such amount shall only be payable in the event an "Offer" is made.

Footnote F3

The "Offer Value Per Share" means the average selling price of Issuer's common stock during the period of 30 days ending on the date on which the SAR is exercised. "Offer" means any tender offer or exchange offer for outstanding shares of Issuer representing at least 30% of the total voting power of the stock of Issuer, or an offer to purchase assets from Issuer that have a total gross fair market value equal to or more than 40% of the total gross fair market value of all of the assets of Issuer, other than an offer made by Issuer.

Footnote F4

The options vested in substantially equal one-third increments on each of the following dates: February 17, 2018, February 17, 2019 and February 17, 2020.

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