Key facts
- This page summarizes Robert Sheft's Form 4/A - Amendment filing for GreenSky, Inc..
- 2 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 06 Oct 2023, 20:00.
Key filing fact
Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Disposed to Issuer
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Disposed to Issuer
No transaction description listed
Additional SEC filing notes
Footnote F1
This Form 4 is being amended to correct the name of the entity that conducted the reported transaction. In this transaction, RS 2018 NV Trust sold 5,571,623 Holdco Units to GreenSky, Inc. in a transaction that was approved in advance by GreenSky Inc.'s board of directors. Therefore, this transaction is exempt from Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(c).
Footnote F2
Represents Holdco Units purchased by GreenSky, Inc. in connection with its initial public offering, and shares of Class B common stock automatically cancelled upon such purchase.
Footnote 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.
Footnote 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.
Footnote F5
Pursuant to the Exchange Agreement, dated May 23, 2018, by and among GreenSky, Inc., GreenSky Holdings, LLC ("GS Holdings") and the members 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 GreenSky, Inc.'s option.