George Gresham - Mar 7, 2023 Form 4 Insider Report for GREEN DOT CORP (GDOT)

Role
CEO and President, Director
Signature
/s/ Kristen Juhan as attorney-in-fact for George Gresham
Stock symbol
GDOT
Transactions as of
Mar 7, 2023
Transactions value $
-$78,303
Form type
4
Date filed
3/9/2023, 07:49 PM
Previous filing
Oct 25, 2022
Next filing
Oct 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDOT Class A Common Stock Award $0 +92.1K +21.96% $0.00 511K Mar 7, 2023 Direct F1
transaction GDOT Class A Common Stock Award $0 +57.6K +11.27% $0.00 569K Mar 7, 2023 Direct F2
transaction GDOT Class A Common Stock Tax liability -$78.3K -4.32K -0.76% $18.13 564K Mar 7, 2023 Direct F3
* 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 vests as to 1/3 of the shares on each of March 7, 2024, March 7, 2025, and March 7, 2026, 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 January 29, 2021. 25% of the award vested on March 7, 2023 and the remaining 75% will vest ratably over the next three years on December 15, 2023, December 15, 2024, and December 15, 2025, subject to the reporting person's provision of service to the issuer on each vesting date.
F3 Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the PRSUs, based on a price of $18.13 per share, which represented the closing price of the issuer's Class A Common Stock on March 7, 2023, and does not represent a sale by the reporting person.