Filing Details

Accession Number:
0000899243-20-010154
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-04-03 17:22:34
Reporting Period:
2020-04-01
Accepted Time:
2020-04-03 17:22:34
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1651094 Elevate Credit Inc. ELVT () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1133918 Scff Management Llc 2800 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes No
1297909 Sc Ix.i Management, Llc 2800 Sand Hill Road, Suite 101
Menlo Park CA 94025
No No Yes 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 2020-04-01 39,526 $0.98 3,287,525 No 4 S Indirect By Sequoia Capital Growth Fund III, L.P.
Common Stock Disposition 2020-04-01 6,962 $0.98 579,017 No 4 S Indirect By Sequoia Capital IX, L.P.
Common Stock Disposition 2020-04-01 6,637 $0.98 551,998 No 4 S Indirect By Sequoia Capital Franchise Fund, L.P.
Common Stock Disposition 2020-04-01 1,936 $0.98 161,007 No 4 S Indirect By Sequoia Capital Growth III Principals Fund, LLC
Common Stock Disposition 2020-04-01 905 $0.98 75,261 No 4 S Indirect By Sequoia Capital Franchise Partners, L.P.
Common Stock Disposition 2020-04-01 437 $0.98 36,241 No 4 S Indirect By Sequoia Capital Growth Partners III, L.P.
Common Stock Disposition 2020-04-01 290 $0.98 24,122 No 4 S Indirect By Sequoia Capital Entrepreneurs Annex Fund, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By Sequoia Capital Growth Fund III, L.P.
No 4 S Indirect By Sequoia Capital IX, L.P.
No 4 S Indirect By Sequoia Capital Franchise Fund, L.P.
No 4 S Indirect By Sequoia Capital Growth III Principals Fund, LLC
No 4 S Indirect By Sequoia Capital Franchise Partners, L.P.
No 4 S Indirect By Sequoia Capital Growth Partners III, L.P.
No 4 S Indirect By Sequoia Capital Entrepreneurs Annex Fund, L.P.
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.95 to $1.02, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, 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 (1) to this Form 4.
  2. SCGF III Management, LLC is the general partner of each of Sequoia Capital Growth Partners III, L.P. and Sequoia Capital Growth Fund III, L.P., and is the managing member of Sequoia Capital Growth III Principals Fund, LLC. As a result, SCGF III Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Growth Partners III, L.P., Sequoia Capital Growth Fund III, L.P. and Sequoia Capital Growth III Principals Fund, LLC.
  3. SC IX.I Management, LLC is the general partner of each of Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. As a result, SC IX.I Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P.
  4. SCFF Management, LLC is the general partner of Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. The managing members of SCFF Management, LLC are Douglas M. Leone and Michael J. Moritz. SCFF Management, LLC and each of the managing members of SCFF Management, LLC may be deemed to share beneficial ownership of the shares held by the Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. As a result, SCFF Management, LLC and each of the managing members of SCFF Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P.
  5. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.