Jeffrey A. Howard - 05 Sep 2023 Form 4 Insider Report for Atlanticus Holdings Corp (ATLC)

Role
President & CEO, Director
Signature
/s/ Jeffrey A. Howard
Issuer symbol
ATLC
Transactions as of
05 Sep 2023
Net transactions value
-$6,047,508
Form type
4
Filing time
07 Sep 2023, 21:01:46 UTC
Previous filing
15 Mar 2023
Next filing
15 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ATLC Common Stock Options Exercise $600,000 +100,000 +26% $6.00 482,635 05 Sep 2023 Direct
transaction ATLC Common Stock Tax liability $1,779,088 -53,587 -11% $33.20 429,048 05 Sep 2023 Direct F1
transaction ATLC Common Stock Options Exercise $900,000 +150,000 +35% $6.00 579,048 05 Sep 2023 Direct
transaction ATLC Common Stock Tax liability $2,750,321 -82,841 -14% $33.20 496,207 05 Sep 2023 Direct F1
transaction ATLC Common Stock Options Exercise $300,000 +50,000 +10% $6.00 546,207 07 Sep 2023 Direct
transaction ATLC Common Stock Tax liability $903,639 -27,702 -5.1% $32.62 518,505 07 Sep 2023 Direct F2
transaction ATLC Common Stock Options Exercise $1,200,000 +200,000 +39% $6.00 718,505 07 Sep 2023 Direct
transaction ATLC Common Stock Tax liability $3,614,459 -110,805 -15% $32.62 607,700 07 Sep 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 -100,000 -100% $0.000000* 0 05 Sep 2023 Common Stock 100,000 $6.00 Direct F3
transaction ATLC Employee Stock Option (right to buy) Options Exercise $0 -150,000 -75% $0.000000 50,000 05 Sep 2023 Common Stock 150,000 $6.00 Direct F4
transaction ATLC Employee Stock Option (right to buy) Options Exercise $0 -50,000 -100% $0.000000* 0 07 Sep 2023 Common Stock 50,000 $6.00 Direct F4
transaction ATLC Employee Stock Option (right to buy) Options Exercise $0 -200,000 -100% $0.000000* 0 07 Sep 2023 Common Stock 200,000 $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.