Home > Insider Trading > Filing (0001562180-18-004478)

Filing Details

Accession Number:: 0001562180-18-004478
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2018-11-09 19:35:06
Reporting Period:: 2018-11-07

Accepted Time:: 2018-11-09 19:35:06
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
1663938	K. W. Tyler Head	C/O Elevate Credit Inc. 4150 International Plaza, Suite 300 Fort Worth TX 76109		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

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 the Tyler W.K. Head Trust dated March 20, 2014
Common Stock	Disposition	2018-11-08	131,010	$4.38	2,302,507	No	4	S	Indirect	By the Tyler W.K. Head Trust dated March 20, 2014
Common Stock	Disposition	2018-11-09	36,724	$4.21	2,265,783	No	4	S	Indirect	By the Tyler W.K. Head Trust dated March 20, 2014

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By the Tyler W.K. Head Trust dated March 20, 2014
No	4	S	Indirect	By the Tyler W.K. Head Trust dated March 20, 2014
No	4	S	Indirect	By the Tyler W.K. Head Trust dated March 20, 2014

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,400	Indirect	By Spouse
Common Stock	23,481	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.
Mr. Head is the voting trustee of The Tyler W.K. Head Trust dated March 20, 2014 (the "Voting Trust"), which has voting power over the shares held by the Linda and Mike Stinson Irrevocable Asset Trust. Mr. Head as trustee has no pecuniary interest in the Voting Trust shares.
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.