Robert Sheft - 03 Jun 2021 Form 4 Insider Report for GreenSky, Inc.

Role: Director, 10%+ Owner
Signature: /s/ Steven E. Fox, as attorney-in-fact
Issuer symbol: N/A
Transactions as of: 03 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 07 Jun 2021, 18:28:13 UTC
Previous filing: 06 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSKY	Class A common stock	Award	$0	+33,614	+9.2%	$0.000000	397,975	03 Jun 2021	Direct	F1
holding	GSKY	Class A common stock						1,105,220	03 Jun 2021	By Trust	F2
holding	GSKY	Class B common stock						22,286,495	03 Jun 2021	By GS Investment Holdings, LLC	F3, F4

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
holding	GSKY	Holdco Units						22,286,495	03 Jun 2021	Class A common stock	22,286,495		By GS Investment Holdings, LLC	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of restricted stock, which will vest on June 3, 2022.
F2	Mr. Sheft disclaims any interest in these securities.
F3	The Class B common stock entitles holders to ten votes per share; votes as a single class with the Class A common stock, has no economic rights, and is subject to forfeiture upon exchange of the Reporting Person's Holdco Units as described below.
F4	The amount of securities reflects a 100% indirect economic interest in GS Investment Holdings, LLC. Mr. Sheft disclaims any interest in 65.85% of these securities.
F5	Pursuant to the Exchange Agreement, dated May 23, 2018, by and among the Issuer, GreenSky Holdings, LLC ("GS Holdings") and the members of GS Holdings, the membership interests of GS Holdings (the "Holdco Units") may be exchanged by the Reporting Person (with automatic cancellation of an equal number of shares of Class B common stock) for shares of Class A common stock on a one-for-one basis, subject to customary adjustments for stock splits, stock dividends, reclassifications and other similar transactions, stock repurchases and other reinvestments of excess cash, or for cash (based on the market price of the shares of Class A common stock), at the Issuer's option.