Scott Greever - Feb 15, 2022 Form 4 Insider Report for Elevate Credit, Inc. (ELVT)

Signature
/s/Nelda Bruce, as attorney-in-fact
Stock symbol
ELVT
Transactions as of
Feb 15, 2022
Transactions value $
-$18,400
Form type
4
Date filed
2/17/2022, 05:48 PM
Previous filing
Aug 17, 2021
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +10.7K +12.97% 93.1K Feb 15, 2022 Direct F1
transaction ELVT Common Stock Tax liability -$18.4K -4.71K -5.06% $3.91 88.4K Feb 15, 2022 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 -10.7K -50% $0.00 10.7K Feb 15, 2022 Common Stock 10.7K Direct F1, F3
* 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 February 15, 2019 such that the RSUs shall be fully vested on February 15, 2023.