David Curry Peterson - Mar 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
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 04:18 PM
Previous filing
Feb 17, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +11.5K +14.73% 89.9K Mar 15, 2022 Direct F1

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 -11.5K -25% $0.00 34.6K Mar 15, 2022 Common Stock 11.5K Direct F1, F2
transaction ELVT Restricted Stock Unit (RSU) Award $0 +100K $0.00 100K Mar 15, 2022 Common Stock 100K 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 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.
F3 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.