Jeffrey A. Howard - Sep 5, 2023 Form 4 Insider Report for Atlanticus Holdings Corp (ATLC)

Role
President & CEO, Director
Signature
/s/ Jeffrey A. Howard
Stock symbol
ATLC
Transactions as of
Sep 5, 2023
Transactions value $
-$6,047,508
Form type
4
Date filed
9/7/2023, 09:01 PM
Previous filing
Mar 15, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATLC Common Stock Options Exercise $600K +100K +26.13% $6.00 483K Sep 5, 2023 Direct
transaction ATLC Common Stock Tax liability -$1.78M -53.6K -11.1% $33.20 429K Sep 5, 2023 Direct F1
transaction ATLC Common Stock Options Exercise $900K +150K +34.96% $6.00 579K Sep 5, 2023 Direct
transaction ATLC Common Stock Tax liability -$2.75M -82.8K -14.31% $33.20 496K Sep 5, 2023 Direct F1
transaction ATLC Common Stock Options Exercise $300K +50K +10.08% $6.00 546K Sep 7, 2023 Direct
transaction ATLC Common Stock Tax liability -$904K -27.7K -5.07% $32.62 519K Sep 7, 2023 Direct F2
transaction ATLC Common Stock Options Exercise $1.2M +200K +38.57% $6.00 719K Sep 7, 2023 Direct
transaction ATLC Common Stock Tax liability -$3.61M -111K -15.42% $32.62 608K Sep 7, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ATLC Employee Stock Option (right to buy) Options Exercise $0 -100K -100% $0.00* 0 Sep 5, 2023 Common Stock 100K $6.00 Direct F3
transaction ATLC Employee Stock Option (right to buy) Options Exercise $0 -150K -75% $0.00 50K Sep 5, 2023 Common Stock 150K $6.00 Direct F4
transaction ATLC Employee Stock Option (right to buy) Options Exercise $0 -50K -100% $0.00* 0 Sep 7, 2023 Common Stock 50K $6.00 Direct F4
transaction ATLC Employee Stock Option (right to buy) Options Exercise $0 -200K -100% $0.00* 0 Sep 7, 2023 Common Stock 200K $6.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of Atlanticus Holdings Corporation common stock withheld to satisfy the option exercise price and tax withholding obligations upon the exercise of the stock option, based on the closing price of Atlanticus Holdings Corporation common stock on September 5, 2023.
F2 Reflects shares of Atlanticus Holdings Corporation common stock withheld to satisfy the option exercise price and tax withholding obligations upon the exercise of the stock option, based on the closing price of Atlanticus Holdings Corporation common stock on September 7, 2023.
F3 The stock option vested in three equal installments on November 12, 2019, November 12, 2020 and November 12, 2021.
F4 The stock option vested in full on January 31, 2021 upon the satisfaction of the performance criteria.
F5 The stock option vested in full on January 31, 2022 upon the satisfaction of the performance criteria.