Filing Details

Accession Number:
0001209191-19-027604
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-05-03 21:37:46
Reporting Period:
2019-05-01
Accepted Time:
2019-05-03 21:37:46
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2019-05-01 3,000 $0.00 3,000 No 4 M Indirect By Trust
Class A Common Stock Disposition 2019-05-01 3,000 $16.06 0 No 4 S Indirect By Trust
Class B Common Stock Disposition 2019-05-01 3,000 $0.00 341,341 No 4 M Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect By Trust
No 4 S Indirect By Trust
No 4 M Indirect By Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Holdco Units Disposition 2019-05-01 3,000 $0.00 344,341 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
341,341 No 4 M Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 15,936 Direct
Class B Common Stock 177,741 Direct
Class B Common Stock 76,131 Indirect By LLP
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Holdco Units $0.00 177,741 177,741 Direct
Class A Common Stock Holdco Units $0.00 76,131 76,131 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
177,741 177,741 Direct
76,131 76,131 Indirect
Footnotes
  1. On May 1, 2019, the Reporting Person exchanged the Holdco Units (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.
  2. The sale of Class A common stock in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2018.
  3. The price reported in Column 4 is a weighted average. These shares were sold in multiple transactions at prices ranging from $16.02 to $16.08, inclusive. The Reporting Person undertakes to provide to GreenSky, Inc., any security holder of GreenSky, 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.
  4. 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.
  5. 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.