SEC Form 4 · accession 0001209191-17-026771
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Apr 10, 2017
Accepted (ET)
Apr 12, 2017 · 9:37 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,F3 | Apr 10, 2017 | C | 91,577 | — | A | 2,702,274 | D | |
| Common StockF2,F4 | holding | — | — | — | 3,180,927 | I | By Linda and Mike Stinson Irrevocable Asset Trust |
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 | 36,631 | D | — | — | Common Stock | 91,577 | 0 | D |
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.
- F3These shares are owned directly by Mrs. Stinson.
- F4These shares are owned directly by the Linda and Mike Stinson Irrevocable Asset Trust, a ten percent owner of the issuer, and indirectly by Mrs. Stinson as trustee of the trust. Mrs. Stinson is a ten percent owner of the issuer.