Rees Kenneth E. 4
4 · Elevate Credit, Inc. · Filed May 20, 2020
Insider Transaction Report
Form 4
Rees Kenneth E.
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2020-05-18+72,655→ 609,355 total - Exercise/Conversion
Common Stock
2020-05-19+140,274→ 749,629 total - Exercise/Conversion
Restricted Stock Unit (RSU)
2020-05-18−72,655→ 145,308 total→ Common Stock (72,655 underlying) - Exercise/Conversion
Restricted Stock Unit (RSU)
2020-05-19−140,274→ 140,274 total→ Common Stock (140,274 underlying)
Holdings
- 799,492(indirect: By Jeanne Margaret Gulner Family Investments, Ltd.)
Common Stock
- 924,495(indirect: By Kenneth Earl Rees Family Investments, Ltd.)
Common Stock
Footnotes (4)
- [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]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
- [F3]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.
- [F4]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.