SEC Form 4 · accession 0001562180-17-003214
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Oct 3, 2017
Accepted (ET)
Oct 5, 2017 · 5:35 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 | Oct 3, 2017 | M | 6,110 | — | A | 10,112 | D | |
| Common StockF3 | holding | — | — | — | 3,180,927 | I | By The Tyler W.K. Head Trust dated March 20, 2014 | |
| Common Stock | holding | — | — | — | 1,400 | I | By Spouse |
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)F1,F2,F4 | — | Oct 3, 2017 | M | 6,110 | D | — | — | Common Stock | 6,110 | 0 | D |
Explanation of responses
- F1Reflects a 2.5-for-1 forward stock split which became effective on April 10, 2017.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
- F3Mr. Head is the voting trustee of The Tyler W.K. Head Trust dated March 20, 2014 (the "Voting Trust"), which has voting power over the shares held by the Linda and Mike Stinson Irrevocable Asset Trust. Mr. Head as trustee has no pecuniary interest in the Voting Trust shares.
- F4The RSUs vested on October 3, 2017.