4//SEC Filing
Sheft Robert 4
Accession 0001712923-20-000134
CIK 0001712923other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 5:27 PM ET
Size
9.2 KB
Accession
0001712923-20-000134
Insider Transaction Report
Form 4
GreenSky, Inc.GSKY
Sheft Robert
Director10% Owner
Transactions
- Purchase
Class A common stock
2020-11-13$3.47/sh+1,105,220$3,834,119→ 1,105,220 total(indirect: By Trust)
Holdings
- 364,361
Class A common stock
- 22,286,495.12(indirect: By LLC)
Holdco Units
→ Class A common stock (22,286,495.12 underlying) - 22,286,495.12(indirect: By LLC)
Class B common stock
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $3.40 to $3.50, inclusive. The reporting person undertakes to provide to GreenSky, Inc., any security holder of GreenSky, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- [F2]Mr. Sheft disclaims any interest in these securities.
- [F3]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.
- [F4]The amount of securities reflects a 100% indirect economic interest in GS Investment Holdings, LLC. Mr. Sheft disclaims any interest in 65.85% of these securities.
- [F5]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 membership interests 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 0001372294
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 5:27 PM ET
- Size
- 9.2 KB