Jesse K. Bray - 17 Dec 2022 Form 4 Insider Report for Elevate Credit, Inc.

Role: Director
Signature: /s/Nelda Bruce, as attorney-in-fact
Issuer symbol: N/A
Transactions as of: 17 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 20 Dec 2022, 15:57:19 UTC
Previous filing: 29 Nov 2022
Next filing: 29 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELVT	Common Stock	Options Exercise		+33,334			33,334	17 Dec 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	-33,334	-33%	$0.000000	66,666	17 Dec 2022	Common Stock	33,334		Direct	F1, F2

* 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 were granted on December 17, 2021. In accordance with the Company's Independent Director Compensation Policy and share issuance limitations, a portion of the award is to be paid out in cash. One-third (1/3) of the applicable RSUs and one-third (1/3) of the $9,000 cash award vest on each anniversary of December 17, 2021 such that the RSUs and cash awards shall be fully vested on December 17, 2024.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.

The RSUs were granted on December 17, 2021. In accordance with the Company's Independent Director Compensation Policy and share issuance limitations, a portion of the award is to be paid out in cash. One-third (1/3) of the applicable RSUs and one-third (1/3) of the $9,000 cash award vest on each anniversary of December 17, 2021 such that the RSUs and cash awards shall be fully vested on December 17, 2024.