George Gresham - Oct 21, 2024 Form 4 Insider Report for GREEN DOT CORP (GDOT)

Role
CEO and President, Director
Signature
/s/ Lina Davidian as attorney-in-fact for George Gresham
Stock symbol
GDOT
Transactions as of
Oct 21, 2024
Transactions value $
-$19,213
Form type
4
Date filed
10/23/2024, 09:21 PM
Previous filing
Oct 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDOT Class A Common Stock Tax liability -$19.2K -1.68K -0.4% $11.45 420K Oct 21, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs, based on a price of $11.45 per share, which represented the closing price of the issuer's Class A Common Stock on October 21, 2024, and does not represent a sale by the reporting person.
F2 On October 23, 2024, the Compensation Committee of the Board of Directors of the issuer determined that the applicable targets for 300,000 performance-based restricted stock units ("PSUs") granted to the Reporting Person on October 21, 2021, were not achieved. Accordingly, the number of shares beneficially owned reflects the forfeiture of such PSUs.