Rees Kenneth E. 4
4 · Elevate Credit, Inc. · Filed Jul 2, 2019
Insider Transaction Report
Form 4
Rees Kenneth E.
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2019-07-01$4.14/sh−13,374$55,368→ 436,105 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2019-07-01−33,987→ 33,985 total→ Common Stock (33,987 underlying) - Exercise/Conversion
Common Stock
2019-07-01+33,987→ 471,342 total
Holdings
- 879,492(indirect: By Jeanne Margaret Gulner Family Investments, Ltd.)
Common Stock
- 924,495(indirect: By Kenneth Earl Rees Family Investments, Ltd.)
Common Stock
Footnotes (5)
- [F1]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.
- [F2]These shares were withheld by Issuer to satisfy tax withholding obligations.
- [F3]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
- [F4]Includes 1,250 shares of Elevate Credit, Inc. common stock acquired pursuant to Elevate Credit, Inc.'s Employee Stock Purchase Plan ("ESPP") on June 30, 2019.
- [F5]The 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.