Jason Harvison - Aug 15, 2022 Form 4 Insider Report for Elevate Credit, Inc. (ELVT)

Role
President and CEO, Director
Signature
/s/Nelda Bruce, as attorney-in-fact
Stock symbol
ELVT
Transactions as of
Aug 15, 2022
Transactions value $
-$23,283
Form type
4
Date filed
8/17/2022, 06:35 PM
Previous filing
May 20, 2022
Next filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +27.8K +4.3% 673K Aug 15, 2022 Direct F1
transaction ELVT Common Stock Tax liability -$23.3K -10.9K -1.62% $2.13 665K Aug 15, 2022 Direct F2, F3

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 -27.8K -50% $0.00 27.8K Aug 15, 2022 Common Stock 27.8K 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 Includes 2,500 shares of Elevate Credit, Inc. common stock acquired pursuant to Elevate Credit, Inc.'s Employee Stock Purchase Plan ("ESPP") on June 30, 2022.
F4 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.