Dennis I. Kelly - 14 May 2021 Form 4 Insider Report for GreenSky, Inc.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
18 May 2021, 17:06:57 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Steven Fox, as attorney-in-fact

Key filing fact

Dennis I. Kelly filed Form 4 for GreenSky, Inc. on 18 May 2021.

Key facts

  • This page summarizes Dennis I. Kelly's Form 4 filing for GreenSky, Inc..
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 18 May 2021, 17:06.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: -$18,157.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GSKY transaction

Class A common stock

Tax liability

Transaction value
$18,157
Shares
-3,136
Change %
-1.3%
Price
$5.79
Shares after
241,774
Date
14 May 2021
Ownership
Direct
Footnotes
F1
GSKY holding

Class B common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
268,567
Date
14 May 2021
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GSKY holding Derivative

Holdco Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
268,567
Date
14 May 2021
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
268,567
Exercise price
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote F3

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.

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