4//SEC Filing
Cunningham Steven E 4
Accession 0001193125-25-260818
CIK 0001529864other
Filed
Oct 30, 8:00 PM ET
Accepted
Oct 31, 4:20 PM ET
Size
11.5 KB
Accession
0001193125-25-260818
Insider Transaction Report
Form 4
Cunningham Steven E
Chief Financial Officer
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy) with limited SAR
2025-10-29−11,436→ 11,436 totalExercise: $20.73Exp: 2027-02-11→ Common stock; par value $0.00001 per share (11,436 underlying) - Sale
Common stock, par value $0.00001 per share
2025-10-29$120.76/sh−11,436$1,381,011→ 131,157 total - Sale
Common stock, par value $0.00001 per share
2025-10-29$120.50/sh−3,438$414,279→ 127,719 total - Exercise/Conversion
Common stock, par value $0.00001 per share
2025-10-29$20.73/sh+11,436$237,068→ 142,593 total
Footnotes (4)
- [F1]This transaction was executed in multiple trades at prices ranging from $120.52 to $121.00. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer full information regarding the number of shares and the prices at which the transaction was effected.
- [F2]The limited stock appreciation right ("SAR") and employee stock option were granted in tandem. Accordingly, the exercise of one results in the expiration of the other. The SAR may be exercised only during the period beginning on the first day following the date that a "Change in Control" of Issuer occurs (as defined in the related grant agreement) and ending on the thirtieth day following such date. Upon exercise, the grantee shall be able to receive an amount equal to the product computed by multiplying (i) the excess of the "Offer Value Per Share" over the exercise price of the underlying option by (ii) the number of shares with respect to which the SAR is being exercised; provided, that such amount shall only be payable in the event an "Offer" is made.
- [F3]The "Offer Value Per Share" means the average selling price of Issuer's common stock during the period of 30 days ending on the date on which the SAR is exercised. "Offer" means any tender offer or exchange offer for outstanding shares of Issuer representing at least 30% of the total voting power of the stock of Issuer, or an offer to purchase assets from Issuer that have a total gross fair market value equal to or more than 40% of the total gross fair market value of all of the assets of Issuer, other than an offer made by Issuer.
- [F4]The options vested in substantially equal one-third increments on each of the following dates: February 11, 2021, February 11, 2022 and February 11, 2023.
Documents
Issuer
Enova International, Inc.
CIK 0001529864
Entity typeother
Related Parties
1- filerCIK 0001575452
Filing Metadata
- Form type
- 4
- Filed
- Oct 30, 8:00 PM ET
- Accepted
- Oct 31, 4:20 PM ET
- Size
- 11.5 KB