Chad Bradford - 18 May 2021 Form 4 Insider Report for Elevate Credit, Inc.

Signature
/s/ Chad Bradford
Issuer symbol
N/A
Transactions as of
18 May 2021
Net transactions value
-$12,087
Form type
4
Filing time
20 May 2021, 19:04:03 UTC
Next filing
17 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +4,453 +8.8% 55,259 18 May 2021 Direct F1
transaction ELVT Common Stock Tax liability $5,652 -1,601 -2.9% $3.53 53,658 18 May 2021 Direct F2
transaction ELVT Common Stock Options Exercise +5,013 +9.3% 58,671 19 May 2021 Direct F1
transaction ELVT Common Stock Tax liability $6,435 -1,823 -3.1% $3.53 56,848 19 May 2021 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 ELVT Restricted Stock Unit (RSU) Options Exercise $0 -4,453 -50% $0.000000 4,454 18 May 2021 Common Stock 4,453 Direct F1, F3
transaction ELVT Restricted Stock Unit (RSU) Options Exercise $0 -5,013 -100% $0.000000* 0 19 May 2021 Common Stock 5,013 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
F2 These shares were withheld by Issuer to satisfy tax withholding obligations.
F3 The RSUs shall vest as to one-fourth (1/4th) of the applicable RSUs on each anniversary of May 18, 2018 such that the RSUs shall be fully vested on May 18, 2022.
F4 The RSUs shall vest as to one-fourth (1/4th) of the applicable RSUs on each anniversary of May 19, 2017 such that the RSUs shall be fully vested on May 19, 2021.