SEC Form 4 · accession 0001562180-18-002622
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad Bradford
Officer — Chief Accounting Officer
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 | 5,013 | — | A | 5,013 | 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 | 17,814 | A | — | — | Common Stock | 17,814 | 17,814 | D |
| Restricted Stock Unit (RSU)F1,F3 | — | May 19, 2018 | M | 5,013 | D | — | — | Common Stock | 5,013 | 15,040 | 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 shall vest as to one-fourth (1/4th) of the applicable RSUs on each anniversary of May 18, 2018 such that the RSUs shall be fully vested on May 18, 2022.
- F3The RSUs shall vest as to one-fourth (1/4th) of the applicable RSUs on each anniversary of May 19, 2017 such that the RSUs shall be fully vested on May 19, 2021.