Rees Kenneth E. 4
4 · Elevate Credit, Inc. · Filed May 21, 2019
Insider Transaction Report
Form 4
Rees Kenneth E.
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2019-05-18$4.57/sh−28,590$130,656→ 364,403 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-05-18−72,654→ 217,963 total→ Common Stock (72,654 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-05-19−140,274→ 280,548 total→ Common Stock (140,274 underlying) - Exercise/Conversion
Common Stock
2019-05-18+72,654→ 392,993 total - Exercise/Conversion
Common Stock
2019-05-19+140,274→ 504,677 total - Tax Payment
Common Stock
2019-05-19$4.57/sh−55,198$252,255→ 449,479 total
Holdings
- 924,495(indirect: By Kenneth Earl Rees Family Investments, Ltd.)
Common Stock
- 894,492(indirect: By Jeanne Margaret Gulner Family Investments, Ltd.)
Common Stock
Footnotes (6)
- [F1]The Form 4 filed by the Reporting Person on May 17, 2019 inadvertently reported an incorrect balance. The number of shares reported in this box is the corrected number held by the Reporting Person reported on this line of this Form 4.
- [F2]The spouse of the Reporting Person is the sole member of 1991 Enterprises, LLC which is the general partner of Jeanne Margaret Gulner Family Investments, Ltd.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
- [F4]These shares were withheld by Issuer to satisfy tax withholding obligations.
- [F5]The 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.
- [F6]The 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.