Filing Details

Accession Number:
0001712923-21-000102
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-11-17 17:48:27
Reporting Period:
2021-11-15
Accepted Time:
2021-11-17 17:48:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1712923 Greensky Inc. GSKY Services-Business Services, Nec (7389) 822135346
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1740343 R. Gerald Benjamin 5565 Glenridge Connector, Suite 700
Atlanta GA 30342
Chief Administrative Officer Yes Yes 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 Disposition 2021-11-15 342,937 $12.02 402,064 No 4 S Direct
Class A Common Stock Disposition 2021-11-16 105,259 $12.00 296,805 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 978,934 Direct
Class B Common Stock 199,144 Indirect By LLC
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Holdco Units $0.00 978,934 978,934 Direct
Class A Common Stock Holdco Units $0.00 199,144 199,144 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
978,934 978,934 Direct
199,144 199,144 Indirect
Footnotes
  1. The price reported in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.05, 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 range set forth in this footnote.
  2. 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.
  3. Pursuant to the Exchange Agreement, dated May 23, 2018, by and among the Issuer, GS Holdings and the members of GS Holdings, the membership interests 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.