Filing Details
- Accession Number:
- 0001562180-18-004479
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-11-09 19:35:17
- Reporting Period:
- 2018-11-07
- Accepted Time:
- 2018-11-09 19:35:17
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1651094 | Elevate Credit Inc. | ELVT | Finance Services (6199) | 464714474 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1664738 | Linda Stinson | C/O Elevate Credit Inc. 4150 International Plaza, Suite 300 Fort Worth TX 76109 | No | No | 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 |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2018-11-07 | 188,760 | $4.38 | 2,433,517 | No | 4 | S | Indirect | By Linda and Mike Stinson Irrevocable Asset Trust |
Common Stock | Disposition | 2018-11-08 | 131,010 | $4.38 | 2,302,507 | No | 4 | S | Indirect | By Linda and Mike Stinson Irrevocable Asset Trust |
Common Stock | Disposition | 2018-11-09 | 36,724 | $4.21 | 2,265,783 | No | 4 | S | Indirect | By Linda and Mike Stinson Irrevocable Asset Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By Linda and Mike Stinson Irrevocable Asset Trust |
No | 4 | S | Indirect | By Linda and Mike Stinson Irrevocable Asset Trust |
No | 4 | S | Indirect | By Linda and Mike Stinson Irrevocable Asset Trust |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 2,702,275 | Direct |
Footnotes
- This transaction represents involuntary sales of Elevate Credit, Inc. common stock. The shares had been pledged to collateralize a personal loan entered into in May 2018 and were sold by the financial institution as a result of a decline in the Company's stock price and increased volatility in the Company's common stock.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.26 to $4.60, inclusive. The reporting person undertakes to provide to Elevate Credit, Inc., any security holder of Elevate Credit, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- These shares are owned directly by the Linda and Mike Stinson Irrevocable Asset Trust and indirectly by Mrs. Stinson as trustee of the trust.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.34 to $4.44, inclusive. The reporting person undertakes to provide to Elevate Credit, Inc., any security holder of Elevate Credit, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.12 to $4.37, inclusive. The reporting person undertakes to provide to Elevate Credit, Inc., any security holder of Elevate Credit, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.