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
  1. 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.
  2. 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.
  3. These shares are owned directly by the Linda and Mike Stinson Irrevocable Asset Trust and indirectly by Mrs. Stinson as trustee of the trust.
  4. 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.
  5. 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.