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Filing Details

Accession Number:: 0001209191-18-034489
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-05-31 19:01:38
Reporting Period:: 2018-05-29

Accepted Time:: 2018-05-31 19:01:38
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1712923	Greensky Inc.	GSKY	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1116465	Steven Gregg Freishtat	5565 Glenridge Connector, Suite 700 Atlanta GA 30342		Yes	No	No	No

Reported Non-Derivative Transactions

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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	113,439	$0.00	177,741	No	4	S	Direct
Class B Common Stock	Acquisiton	2018-05-29	172,933	$0.00	458,863	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Holdco Units	Disposition	2018-05-29	113,439	$21.85	113,439	$0.00
Class A Common Stock	Holdco Units	Disposition	2018-05-29	172,933	$21.85	172,933	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
177,741			No	4	S	Direct
458,863			No	4	S	Indirect

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 economic rights 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. Freishtat remains a director through that date.
Amount represents 0.8871% of the Holdco Units purchased from Founders Technology Investors, LLC, and 0.8871% of the Class B common stock automatically cancelled upon such purchase, attributable to Mr. Freishtat based on his 0.8871% indirect economic interest in Founders Technology Investors, LLC.
The amount of securities reflects a 0.8871% 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.