SEC Form 4 · accession 0001406576-17-000001
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Jay C Hoag
Director · 10% Owner · Other
Jon Q Reynolds Jr.
Director · 10% Owner · Other
John Drew
Director · 10% Owner · Other
Rick Kimball
Director · 10% Owner · Other
TCV MANAGEMENT 2004 LLC
Director · 10% Owner · Other
John C. Rosenberg
Director · 10% Owner · Other
Period of report
May 19, 2017
Accepted (ET)
Jun 20, 2017 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001651094
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F3,F1,F2 | — | May 19, 2017 | A | 40,107 | A | — | — | Common Stock | 40,107 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- F2The RSUs shall vest as to one-third (1/3) of the applicable RSUs on each anniversary of May 19, 2017 such that the RSUs shall be full vested on May 19, 2020.
- F3Held of record by John C. Rosenberg for the benefit of TCV Management 2004, L.L.C. ("TCM"). Jay C. Hoag, Jon Q. Reynolds, Jr., Richard H. Kimball and John L. Drew (the "TCM Members") are members of TCM. Mr. Rosenberg and the TCM Members each disclaims beneficial ownership of such RSUs and the underlying shares of the Issuer's common stock except to the extent of their pecuniary interest therein.
Remarks
All Reporting Persons may be part of a 13(g) group.