SEC Form 4 · accession 0001562180-18-003248
Elevate Credit, Inc. · ELVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Harvison
Officer — Chief Operating Officer
Period of report
Jul 2, 2018
Accepted (ET)
Jul 5, 2018 · 6:56 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 | Jul 2, 2018 | F | 3,721 | $8.46 | D | 143,073 | D | |
| Common StockF2,F3 | Jul 2, 2018 | M | 15,278 | — | A | 159,601 | 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)F2,F4 | — | Jul 2, 2018 | M | 15,278 | D | — | — | Common Stock | 15,278 | 30,554 | D |
Explanation of responses
- F1These shares were withheld by Issuer to satisfy tax withholding obligations.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
- F3Includes 1,250 shares of Elevate Credit, Inc. common stock acquired pursuant to Elevate Credit, Inc.'s Employee Stock Purchase Plan ("ESPP") on June 30, 2018.
- F4The RSUs shall vest as to one-fourth (1/4th) of the applicable RSUs on each anniversary of July 1, such that the RSUs shall be fully vested on July 1, 2020.