SEC Form 4 · accession 0001562180-18-002616
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L. Johnson
Director
Period of report
May 18, 2018
Accepted (ET)
May 22, 2018 · 8:02 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 | May 19, 2018 | M | 13,369 | — | A | 19,479 | 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)F1,F2 | — | May 18, 2018 | A | 13,064 | A | — | — | Common Stock | 13,064 | 13,064 | D |
| Restricted Stock Unit (RSU)F1,F3 | — | May 19, 2018 | M | 13,369 | D | — | — | Common Stock | 13,369 | 26,738 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
- F2The RSUs will vest upon the earlier of the one (1) year anniversary of May 18, 2018 or the next annual shareholder meeting, subject to continued service on the board through such date.
- F3The RSUs were granted on May 19, 2017. One-third (1/3) of the applicable RSUs vest on each anniversary of May 19, 2017 such that the RSUs shall be fully vested on May 19, 2020.