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

Signature
/s/ Chad Bradford, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
15 Aug 2021
Net transactions value
-$32,495
Form type
4
Filing time
17 Aug 2021, 19:24:36 UTC
Previous filing
16 Jul 2021
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +10,101 +12% 91,257 15 Aug 2021 Direct F1
transaction ELVT Common Stock Tax liability $14,295 -3,874 -4.2% $3.69 87,383 15 Aug 2021 Direct F2
transaction ELVT Common Stock Sale $18,200 -5,000 -5.7% $3.64 82,383 16 Aug 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 -10,101 -33% $0.000000 20,202 15 Aug 2021 Common Stock 10,101 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.