Scott Greever - Aug 15, 2021 Form 4 Insider Report for Elevate Credit, Inc. (ELVT)

Role
Chief Product Officer
Signature
/s/ Chad Bradford, as attorney-in-fact
Stock symbol
ELVT
Transactions as of
Aug 15, 2021
Transactions value $
-$32,495
Form type
4
Date filed
8/17/2021, 07:24 PM
Previous filing
Jul 16, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +10.1K +12.45% 91.3K Aug 15, 2021 Direct F1
transaction ELVT Common Stock Tax liability -$14.3K -3.87K -4.25% $3.69 87.4K Aug 15, 2021 Direct F2
transaction ELVT Common Stock Sale -$18.2K -5K -5.72% $3.64 82.4K Aug 16, 2021 Direct F3, F4

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 -10.1K -33.33% $0.00 20.2K Aug 15, 2021 Common Stock 10.1K Direct F1, F5
* 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 sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 11, 2021.
F4 This transaction was executed in multiple trades at prices ranging from $3.63 USD to $3.66 USD; the price reported above reflects the weighted average sale price.
F5 The RSUs shall vest as to one-fourth (1/4th) of the applicable RSUs on each anniversary of August 15, 2019 such that the RSUs shall be fully vested on August 15, 2023.