W. Head Tyler - May 7, 2021 Form 4 Insider Report for Elevate Credit, Inc. (ELVT)

Role: Director
Signature: /s/ Chad Bradford, as attorney-in-fact
Stock symbol: ELVT
Transactions as of: May 7, 2021
Transactions value $: -$209,113
Form type: 4
Date filed: 5/11/2021, 06:48 PM
Previous filing: May 7, 2021
Next filing: May 13, 2021

Transactions Table

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

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	ELVT	Restricted Stock Unit (RSU)	Options Exercise	$0	-24.4K	-100%	$0.00^*	0	May 7, 2021	Common Stock	24.4K		Direct	F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.