SEC Form 4 · accession 0001562180-17-003218
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Harvison
Officer — Chief Operating Officer · Director
Period of report
Oct 3, 2017
Accepted (ET)
Oct 5, 2017 · 5:36 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 | Oct 3, 2017 | M | 15,278 | — | A | 129,988 | D | |
| Common StockF2 | Oct 3, 2017 | F | 4,179 | $6.06 | D | 125,809 | D |
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,F4 | — | Oct 3, 2017 | M | 15,278 | D | — | — | Common Stock | 15,278 | 45,832 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
- F2These shares were withheld by Issuer to satisfy tax withholding obligations.
- F3Reflects a 2.5-for-1 forward stock split which became effective on April 10, 2017.
- F4Vested 15,278 RSUs on October 3, 2017. Will vest 15,278 RSUs on July 1, 2018, 15,277 RSUs on July 1, 2019 and 15,277 RSUs on July 1, 2020.