SEC Form 4 · accession 0001209191-17-026759
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth E. Rees
Officer — Chief Executive Officer · Director
Period of report
Apr 10, 2017
Accepted (ET)
Apr 12, 2017 · 9:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001651094
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Apr 10, 2017 | C | 117,812 | — | A | 924,494 | I | By Kenneth Earl Rees Family Investments, Ltd. |
| Common StockF1,F2,F3 | Apr 10, 2017 | C | 117,810 | — | A | 924,492 | I | By Jeanne Margaret Gulner Family Investments, Ltd. |
| Common StockF2 | holding | — | — | — | 187,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A Preferred StockF1,F2 | — | Apr 10, 2017 | C | 47,125 | D | — | — | Common Stock | 117,812 | 0 | I |
| Series A Preferred StockF3,F1,F2 | — | Apr 10, 2017 | C | 47,124 | D | — | — | Common Stock | 117,810 | 0 | I |
Explanation of responses
- F1The Series A preferred stock converted into issuer common stock on a 1-for-1 basis and has no expiration date.
- F2Reflects a 2.5-for-1 forward stock split which became effective on April 10, 2017.
- F3The spouse of the Reporting Person is the sole member of 1991 Enterprises, LLC which is the general partner of Jeanne Margaret Gulner Family Investments, Ltd.