George Gresham - Oct 21, 2021 Form 4 Insider Report for GREEN DOT CORP (GDOT)

Signature
/s/ Kristen Juhan as attorney-in-fact for George Gresham
Stock symbol
GDOT
Transactions as of
Oct 21, 2021
Transactions value $
$0
Form type
4
Date filed
10/25/2021, 05:40 PM
Next filing
Oct 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDOT Class A Common Stock Award $0 +17.1K $0.00 17.1K Oct 21, 2021 Direct F1
transaction GDOT Class A Common Stock Award $0 +300K +1750.09% $0.00 317K Oct 21, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock underlying a restricted stock unit award that will vest as to 1/3 of the shares on each of October 21, 2022, October 21, 2023, and October 21, 2024, subject to the reporting person's provision of services to the issuer on each vesting date.
F2 Represents shares of Class A Common Stock underlying a performance-based restricted stock unit award granted on October 21, 2021. 1/3 of the award will vest if the closing price of issuer's common stock on the New York Stock Exchange during any 20 consecutive trading day period prior to October 21, 2024 (each, a "Measurement Period") exceeds a threshold price per share (the "Threshold Price"), and as to additional installments equal to 1/3 of the award if during a subsequent Measurement Period, the price per share is $10 and $30 higher than the Threshold Price (each, a "Hurdle"). If a Hurdle for an installment is achieved, the shares subject to the installment shall vest on the first anniversary of the date of grant with respect to 1/3 of the shares and the remaining 2/3 of the shares shall vest in 24 equal installments at the end of each calendar month occurring thereafter, subject to the reporting person's continuous service as COO and CFO or service provider on each such date.