Scott Greever - 15 Mar 2022 Form 4 Insider Report for Elevate Credit, Inc.

Signature
/s/Nelda Bruce, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
15 Mar 2022
Net transactions value
-$13,426
Form type
4
Filing time
17 Mar 2022, 16:18:56 UTC
Previous filing
17 Feb 2022
Next filing
29 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +11,538 +13% 99,898 15 Mar 2022 Direct F1
transaction ELVT Common Stock Tax liability $13,426 -4,402 -4.4% $3.05 95,496 15 Mar 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 -11,538 -25% $0.000000 34,615 15 Mar 2022 Common Stock 11,538 Direct F1, F3
transaction ELVT Restricted Stock Unit (RSU) Award $0 +100,000 $0.000000 100,000 15 Mar 2022 Common Stock 100,000 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 March 15, 2021 such that the RSUs shall be fully vested on March 15, 2025.
F4 The RSUs shall vest as to one-third (34%, 33%, 33%, respectively) of the applicable RSUs on each anniversary of March 15, 2022, such that the RSUs shall be fully vested on March 15, 2025.