Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ELVT | Common Stock | Sale | -$119K | -33.8K | -3.85% | $3.52 | 846K | May 10, 2021 | By the Tyler W.K. Head Trust dated March 20, 2014 | F1, F2, F3 |
transaction | ELVT | Common Stock | Sale | -$90K | -27.2K | -3.21% | $3.31 | 819K | May 11, 2021 | By the Tyler W.K. Head Trust dated March 20, 2014 | F1, F3, F4 |
transaction | ELVT | Common Stock | Options Exercise | +24.4K | +28.12% | 111K | May 7, 2021 | Direct | F5 | ||
holding | ELVT | Common Stock | 1.4K | May 7, 2021 | By Spouse |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ELVT | Restricted Stock Unit (RSU) | Options Exercise | $0 | -24.4K | -100% | $0.00* | 0 | May 7, 2021 | Common Stock | 24.4K | Direct | F5, F6 |
Id | Content |
---|---|
F1 | The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Tyler W.K. Head Trust on February 10, 2021. |
F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.38 to $3.62, inclusive. The reporting person undertakes to provide to Elevate Credit, Inc., any security holder of Elevate Credit, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. |
F3 | Mr. Head is the voting trustee of The Tyler W.K. Head Trust dated March 20, 2014 (the "Voting Trust"), which has voting power over the shares held by the Linda and Mike Stinson Irrevocable Asset Trust. Mr. Head as trustee has no pecuniary interest in the Voting Trust shares. |
F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.24 to $3.39, inclusive. The reporting person undertakes to provide to Elevate Credit, Inc., any security holder of Elevate Credit, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4. |
F5 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock. |
F6 | The RSUs units will vest upon the earlier of the one (1) year anniversary of May 15, 2020 or the next annual shareholder meeting, subject to continued service on the board through such date. The annual shareholder meeting was held on May 7, 2021. |