4/A//SEC Filing
Sheft Robert 4/A
Accession 0001104659-23-107637
CIK 0001712923other
Filed
Oct 5, 8:00 PM ET
Accepted
Oct 6, 8:00 PM ET
Size
11.3 KB
Accession
0001104659-23-107637
Insider Transaction Report
Form 4/AAmended
GreenSky, Inc.GSKY
Sheft Robert
Director10% Owner
Transactions
- Disposition to Issuer
Holdco Units
2018-05-29$21.85/sh−5,571,623$121,739,963→ 0 total(indirect: By Trust)→ Class A common stock (5,571,623 underlying) - Disposition to Issuer
Class B common stock
2018-05-29−5,571,623→ 0 total(indirect: By Trust)
Holdings
- 22,286,495.12(indirect: By LLC)
Holdco Units
→ Class A common stock (22,286,495.12 underlying) - 22,286,495.12(indirect: By LLC)
Class B common stock
Footnotes (5)
- [F1]This Form 4 is being amended to correct the name of the entity that conducted the reported transaction. In this transaction, RS 2018 NV Trust sold 5,571,623 Holdco Units to GreenSky, Inc. in a transaction that was approved in advance by GreenSky Inc.'s board of directors. Therefore, this transaction is exempt from Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(c).
- [F2]Represents Holdco Units purchased by GreenSky, Inc. in connection with its initial public offering, and shares of Class B common stock automatically cancelled upon such purchase.
- [F3]The Class B common stock entitles holders to ten votes per share, votes as a single class with the Class A common stock, has no economic rights and is subject to forfeiture upon exchange of the Reporting Person's Holdco Units as described below.
- [F4]The amount of securities reflects a 100% indirect economic interest in GS Investment Holdings, LLC. Mr. Sheft disclaims any interest in 65.85% of these securities.
- [F5]Pursuant to the Exchange Agreement, dated May 23, 2018, by and among GreenSky, Inc., GreenSky Holdings, LLC ("GS Holdings") and the members of GS Holdings, the Holdco Units may be exchanged by the Reporting Person (with automatic cancellation of an equal number of shares of Class B common stock) for shares of Class A common stock on a one-for-one basis, subject to customary adjustments for stock splits, stock dividends, reclassifications and other similar transactions, stock repurchases and other reinvestments of excess cash, or for cash (based on the market price of the shares of Class A common stock), at GreenSky, Inc.'s option.
Documents
Issuer
GreenSky, Inc.
CIK 0001712923
Entity typeother
Related Parties
1- filerCIK 0001372294
Filing Metadata
- Form type
- 4/A
- Filed
- Oct 5, 8:00 PM ET
- Accepted
- Oct 6, 8:00 PM ET
- Size
- 11.3 KB