Robert Sheft - Jun 3, 2021 Form 4 Insider Report for GreenSky, Inc. (GSKY)

Role
Director, 10%+ Owner
Signature
/s/ Steven E. Fox, as attorney-in-fact
Stock symbol
GSKY
Transactions as of
Jun 3, 2021
Transactions value $
$0
Form type
4
Date filed
6/7/2021, 06:28 PM
Previous filing
Oct 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GSKY Class A common stock Award $0 +33.6K +9.23% $0.00 398K Jun 3, 2021 Direct F1
holding GSKY Class A common stock 1.11M Jun 3, 2021 By Trust F2
holding GSKY Class B common stock 22.3M Jun 3, 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 22.3M Jun 3, 2021 Class A common stock 22.3M 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.