Benjamin Gerald R. 4
4 · GreenSky, Inc. · Filed Mar 17, 2021
Insider Transaction Report
Form 4
GreenSky, Inc.GSKY
Benjamin Gerald R.
DirectorChief Administrative Officer
Transactions
- Award
Class A common stock
2021-03-15+69,064→ 751,273 total
Holdings
- 978,933.54
Class B common stock
- 978,933.54
Holdco Units
→ Class A common stock (978,933.54 underlying) - 199,144.33(indirect: By LLC)
Holdco Units
→ Class A common stock (199,144.33 underlying) - 199,144.33(indirect: By LLC)
Class B common stock
Footnotes (3)
- [F1]Grant of restricted stock, which will vest in four equal installments on March 15, 2022, March 15, 2023, March 15, 2024, and March 15, 2025.
- [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.