Filing Details
- Accession Number:
- 0001209191-18-034484
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-05-31 18:59:29
- Reporting Period:
- 2018-05-29
- Accepted Time:
- 2018-05-31 18:59:29
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1712923 | Greensky Inc. | GSKY | Services-Business Services, Nec (7389) | 822135346 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1740343 | R. Gerald Benjamin | 5565 Glenridge Connector, Suite 700 Atlanta GA 30342 | Chief Administrative Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class B Common Stock | Disposition | 2018-05-29 | 461,841 | $0.00 | 120,521 | No | 4 | S | Direct | |
Class B Common Stock | Disposition | 2018-05-29 | 79,634 | $0.00 | 211,302 | No | 4 | S | Indirect | By Founders Technology Investors, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | S | Indirect | By Founders Technology Investors, LLC |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Holdco Units | Disposition | 2018-05-29 | 461,841 | $21.85 | 461,841 | $0.00 |
Class A Common Stock | Holdco Units | Disposition | 2018-05-29 | 79,634 | $21.85 | 79,634 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
120,521 | No | 4 | S | Direct | ||
211,302 | No | 4 | S | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class B Common Stock | 502,174 | Direct | |
Class B Common Stock | 93,739 | Direct | |
Class B Common Stock | 262,500 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Holdco Units | $0.00 | 502,174 | 502,174 | Direct | ||
Class A Common Stock | Holdco Units | $0.00 | 93,739 | 93,739 | Direct | ||
Class A Common Stock | Holdco Units | $0.00 | 262,500 | 262,500 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
502,174 | 502,174 | Direct | |
93,739 | 93,739 | Direct | |
262,500 | 262,500 | Direct |
Footnotes
- Represents Holdco Units purchased by the Issuer in connection with its initial public offering, and shares of Class B common stock automatically cancelled upon such purchase.
- 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 economicrights and is subject to forfeiture upon exchange of the Reporting Person's Holdco Units as described below.
- These Holdco Units, and corresponding shares of Class B common stock, vest at the rate of 20% per year and are subject to a remaining vesting date of January 1, 2019, provided that Mr. Benjamin remains a director through that date.
- These Holdco Units, and corresponding shares of Class B common stock, vest at the rate of 20% per year and are subject to remaining vesting dates of December 2, 2018, December 2, 2019, and December 2, 2020, provided that Mr. Benjamin remains an employee of the Issuer through those dates.
- These Holdco Units, and corresponding shares of Class B common stock, vest at the rate of 20% per year and are subject to remaining vesting dates of August 22, 2018, August 22, 2019, August 22, 2020, and August 22, 2021, provided that Mr. Benjamin remains an employee of the Issuer through those dates.
- These Holdco Units, and corresponding shares of Class B common stock, vest at the rate of 20% per year and are subject to remaining vesting dates of March 1, 2019, March 1, 2020, March 1, 2021, March 1, 2022, and March 1, 2023, provided that Mr. Benjamin remains an employee of the Issuer through those dates.
- Amount represents 0.4085% of the Holdco Units purchased from Founders Technology Investors, LLC, and 0.4085% of the Class B common stock automatically cancelled upon such purchase, attributable to Mr. Benjamin based on his 0.4085% indirect economic interest in Founders Technology Investors, LLC.
- The amount of securities reflects a 0.4085% indirect economic interest in Founders Technology Investors, LLC.
- 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 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.