Jesse K. Bray - Dec 17, 2022 Form 4 Insider Report for Elevate Credit, Inc. (ELVT)

Role
Director
Signature
/s/Nelda Bruce, as attorney-in-fact
Stock symbol
ELVT
Transactions as of
Dec 17, 2022
Transactions value $
$0
Form type
4
Date filed
12/20/2022, 03:57 PM
Previous filing
Nov 29, 2022
Next filing
Dec 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ELVT Common Stock Options Exercise +33.3K 33.3K Dec 17, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ELVT Restricted Stock Unit (RSU) Options Exercise $0 -33.3K -33.33% $0.00 66.7K Dec 17, 2022 Common Stock 33.3K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
F2 The RSUs were granted on December 17, 2021. In accordance with the Company's Independent Director Compensation Policy and share issuance limitations, a portion of the award is to be paid out in cash. One-third (1/3) of the applicable RSUs and one-third (1/3) of the $9,000 cash award vest on each anniversary of December 17, 2021 such that the RSUs and cash awards shall be fully vested on December 17, 2024.