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

Role
Chief Accounting Officer
Signature
/s/ Chad Bradford
Stock symbol
ELVT
Transactions as of
May 18, 2021
Transactions value $
-$12,087
Form type
4
Date filed
5/20/2021, 07:04 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +4.45K +8.76% 55.3K May 18, 2021 Direct F1
transaction ELVT Common Stock Tax liability -$5.65K -1.6K -2.9% $3.53 53.7K May 18, 2021 Direct F2
transaction ELVT Common Stock Options Exercise +5.01K +9.34% 58.7K May 19, 2021 Direct F1
transaction ELVT Common Stock Tax liability -$6.44K -1.82K -3.11% $3.53 56.8K May 19, 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 -4.45K -49.99% $0.00 4.45K May 18, 2021 Common Stock 4.45K Direct F1, F3
transaction ELVT Restricted Stock Unit (RSU) Options Exercise $0 -5.01K -100% $0.00* 0 May 19, 2021 Common Stock 5.01K 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.