Donald Gayhardt - Feb 11, 2022 Form 4 Insider Report for CURO Group Holdings Corp. (CURO)

Role: Chief Executive Officer, Director
Signature: /s/ Tashia L. Rivard, by Power of Attorney
Stock symbol: CURO
Transactions as of: Feb 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/14/2022, 07:59 PM
Previous filing: Feb 1, 2022
Next filing: Mar 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CURO	Common Stock	Award	$0	+248K	+20.84%	$0.00	1.44M	Feb 11, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	One-half of RSU award is subject to time-based vesting and 1/2 is subject to performance-based vesting. Time-based RSUs will vest in 3 equal tranches on each of the 1st, 2nd and 3rd anniversaries of the date immediately prior to grant date. Performance-based RSUs will vest based on achievement of relative total shareholder return ("TSR"). The Company's 3-year TSR for period 1/1/22 - 12/31/24 will be measured against TSR of Company's defined peer group for same period. Performance metric will be met, and RSUs will vest, based on percentile achievement as follows, with a target achievement of Company TSR at 50th percentile of peer group TSR: 75% of award will vest if Company achieves 67% of target achievement (= to 33rd percentile) and 125% of award will vest if Company achieves 133% or more of target achievement (= to 67th percentile). The amount of shares that will vest based upon Company achieving between threshold, target and maximum performance levels are linearly interpolated.
F2	The restricted common stock units were awarded in an exempt transaction pursuant to Rule 16b-3(d) of the Securities Exchange Act of 1934, as amended.

Content

One-half of RSU award is subject to time-based vesting and 1/2 is subject to performance-based vesting. Time-based RSUs will vest in 3 equal tranches on each of the 1st, 2nd and 3rd anniversaries of the date immediately prior to grant date. Performance-based RSUs will vest based on achievement of relative total shareholder return ("TSR"). The Company's 3-year TSR for period 1/1/22 - 12/31/24 will be measured against TSR of Company's defined peer group for same period. Performance metric will be met, and RSUs will vest, based on percentile achievement as follows, with a target achievement of Company TSR at 50th percentile of peer group TSR: 75% of award will vest if Company achieves 67% of target achievement (= to 33rd percentile) and 125% of award will vest if Company achieves 133% or more of target achievement (= to 67th percentile). The amount of shares that will vest based upon Company achieving between threshold, target and maximum performance levels are linearly interpolated.

The restricted common stock units were awarded in an exempt transaction pursuant to Rule 16b-3(d) of the Securities Exchange Act of 1934, as amended.