KELLY DENNIS I 4
4 · GreenSky, Inc. · Filed Nov 19, 2020
Insider Transaction Report
Form 4
GreenSky, Inc.GSKY
KELLY DENNIS I
President, Patient Solutions
Transactions
- Purchase
Class A common stock
2020-11-18$4.07/sh+27,000$109,944→ 184,238 total
Holdings
- 268,566.94
Holdco Units
→ Class A common stock (268,566.94 underlying) - 268,566.94
Class B common stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average purchase price. These shares were purchased in multiple transactions at prices ranging from $4.01 to $4.10, 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]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]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.