Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ELVT | Common Stock | Options Exercise | +33.3K | 33.3K | Dec 17, 2022 | Direct | F1 |
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 | -33.3K | -33.33% | $0.00 | 66.7K | Dec 17, 2022 | Common Stock | 33.3K | Direct | F1, F2 |
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. |