4//SEC Filing
FOX STEVEN E 4
Accession 0001209191-18-034487
CIK 0001712923other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 7:01 PM ET
Size
8.6 KB
Accession
0001209191-18-034487
Insider Transaction Report
Form 4
GreenSky, Inc.GSKY
FOX STEVEN E
EVP and Chief Legal Officer
Transactions
- Sale
Holdco Units
2018-05-29$21.85/sh−53,839.13$1,176,385→ 215,356.52 total→ Class A common stock (53,839.13 underlying) - Sale
Class B common stock
2018-05-29−53,839.13→ 215,356.52 total
Footnotes (4)
- [F1]Represents Holdco Units purchased by the Issuer in connection with its initial public offering, and shares of Class B common stock automatically cancelled upon such purchase.
- [F2]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.
- [F3]These Holdco Units, and corresponding shares of Class B common stock, vest at the rate of 20% per year and are subject to remaining vesting dates of November 21, 2018, November 21, 2019, November 21, 2020, and November 21, 2021, provided that Mr. Fox remains an employee of the Issuer through those dates.
- [F4]Pursuant to the Exchange Agreement, dated May 23, 2018, by and among the Issuer, 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 the Issuer's option.
Documents
Issuer
GreenSky, Inc.
CIK 0001712923
Entity typeother
Related Parties
1- filerCIK 0001234490
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 7:01 PM ET
- Size
- 8.6 KB