Timothy Daniel Kaliban - Mar 15, 2022 Form 4 Insider Report for GreenSky, Inc. (GSKY)

Role: President, Chief Risk Officer
Signature: /s/ Steven E. Fox, as attorney-in-fact
Stock symbol: GSKY
Transactions as of: Mar 15, 2022
Transactions value $: -$83,327
Form type: 4
Date filed: 3/17/2022, 10:54 AM
Previous filing: Mar 9, 2022
Next filing: Mar 29, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GSKY	Class A common stock	Tax liability	-$83.3K	-8.76K	-0.55%	$9.51	1.6M	Mar 15, 2022	Direct	F1
holding	GSKY	Class B common stock						957K	Mar 15, 2022	Direct	F2
holding	GSKY	Class B common stock						117K	Mar 15, 2022	By Kaliban 2014, LLC	F2, F3

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						957K	Mar 15, 2022	Class A common stock	957K		Direct	F4
holding	GSKY	Holdco Units						117K	Mar 15, 2022	Class A common stock	117K		By Kaliban 2014, LLC	F3, F4

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

Explanation of Responses:

Id	Content
F1	Reflects shares of GreenSky, Inc. common stock withheld to satisfy tax withholding obligations upon vesting of restricted stock, based on the closing price of GreenSky, Inc. common stock on the date immediately preceding the vesting date.
F2	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.
F3	Mr. Kaliban is the sole member and manager of Kaliban 2014, LLC.
F4	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.