Key facts
- This page summarizes Ritesh Gupta's Form 4 filing for GreenSky, Inc..
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 29 Mar 2022, 17:08.
Ritesh Gupta - 29 Mar 2022 Form 4 Insider Report for GreenSky, Inc.
- Reporting relationship
- EVP, Chief Operating Officer
- Issuer ticker
- N/A
- Reported as of
- 29 Mar 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 29 Mar 2022, 17:08:58 UTC
- Prior SEC filing
- 17 Mar 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Steven E. Fox, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Ritesh Gupta filed Form 4 for GreenSky, Inc. on 29 Mar 2022.
Change
- Previous filing in this sequence was filed on 17 Mar 2022.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
GSKY
transaction
Class A common stock
Disposed to Issuer
- Transaction value
- Shares
- -287,241
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 29 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
GSKY
transaction
Derivative
Stock Option (right to buy)
Disposed to Issuer
- Transaction value
- Shares
- -56,819
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 29 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 56,819
- Exercise price
- $12.55
- Footnotes
- F2
GSKY
transaction
Derivative
Stock Option (right to buy)
Disposed to Issuer
- Transaction value
- Shares
- -56,819
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 29 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 56,819
- Exercise price
- $6.83
- Footnotes
- F3
GSKY
transaction
Derivative
Stock Option (right to buy)
Disposed to Issuer
- Transaction value
- Shares
- -178,936
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 29 Mar 2022
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 178,936
- Exercise price
- $3.73
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Ritesh Gupta is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
Disposed of pursuant to the Agreement and Plan of Merger, dated as of September 14, 2021 (as amended, the "Merger Agreement"), by and among the Issuer, The Goldman Sachs Group, Inc. ("Goldman Sachs"), Goldman Sachs Bank USA ("GS Bank"), Glacier Merger Sub 1, LLC, a wholly owned subsidiary of GS Bank, Glacier Merger Sub 2, LLC, a wholly owned subsidiary of GS Bank, and GreenSky Holdings, LLC, a subsidiary of the Issuer ("GreenSky Holdings"), with each share of Class A common stock being converted into the right to receive 0.03 shares of Goldman Sachs common stock (the "Merger Consideration"), which had a market value of $335.30 per share at the close of trading on March 28, 2022, the last trading day immediately preceding the effective time of the mergers (the "Effective Time"), with cash paid in lieu of fractional shares. The amounts in Table I include 202,109 shares of Class A common stock subject to forfeiture conditions; which fully vested in connection with the merger.
Footnote F2
This option, which provided for vesting in four equal installments on March 7, 2020, March 7, 2021, March 7, 2022, and March 7, 2023, was canceled in the merger with the option being converted into the right to receive a lump-sum cash payment, without interest, equal to the product of (a) the number of shares of Issuer Class A common stock subject to the option immediately prior to the Effective Time and (b) the excess, if any, of (i) the cash value of the Merger Consideration over (ii) the per share exercise price of the option, less applicable withholding taxes.
Footnote F3
This option, which provided for vesting in four equal installments on September 6, 2020, September 6, 2021, September 6, 2022, and September 6, 2023, was canceled in the merger with the option being converted into the right to receive a lump-sum cash payment, without interest, equal to the product of (a) the number of shares of Issuer Class A common stock subject to the option immediately prior to the Effective Time and (b) the excess, if any, of (i) the cash value of the Merger Consideration over (ii) the per share exercise price of the option, less applicable withholding taxes.
Footnote F4
This option, which provided for vesting in four equal installments on May 14, 2021, May 14, 2022, May 14, 2023, May 14, 2024, was canceled in the merger with the option being converted into the right to receive a lump-sum cash payment, without interest, equal to the product of (a) the number of shares of Issuer Class A common stock subject to the option immediately prior to the Effective Time and (b) the excess, if any, of (i) the cash value of the Merger Consideration over (ii) the per share exercise price of the option, less applicable withholding taxes.