W. Head Tyler - May 14, 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 14, 2021
Transactions value $
-$341,913
Form type
4
Date filed
5/18/2021, 06:51 PM
Previous filing
May 13, 2021
Next filing
May 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Sale -$120K -34.6K -4.67% $3.46 707K May 14, 2021 By the Tyler W.K. Head Trust dated March 20, 2014 F1, F2, F3
transaction ELVT Common Stock Sale -$69.8K -19.5K -2.76% $3.58 687K May 17, 2021 By the Tyler W.K. Head Trust dated March 20, 2014 F1, F3, F4
transaction ELVT Common Stock Sale -$152K -42.3K -6.16% $3.60 645K May 18, 2021 By the Tyler W.K. Head Trust dated March 20, 2014 F1, F3, F5
holding ELVT Common Stock 1.4K May 14, 2021 By Spouse
holding ELVT Common Stock 111K May 14, 2021 Direct

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) Award $0 +31.3K $0.00 31.3K May 15, 2021 Common Stock 31.3K Direct F6, F7
* 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 $3.32 to $3.58, 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 $3.41 to $3.66, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.53 to $3.69, 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.
F6 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
F7 The RSUs will vest upon the earlier of the one (1) year anniversary of May 15, 2021 or the next annual shareholder meeting, subject to continued service on the board through such date.