Form Type: 4

SEC EDGAR Link
Accession Number:0001562180-21-007811
Date:2021-12-17
Issuer: ELEVATE CREDIT, INC. (ELVT)
Original Submission Date:

Reporting Person:

BRAY JESSE K
C/O ELEVATE CREDIT INC.
4150 INTERNATIONAL PLAZA, SUITE 300 FORT WORTH, TX 76109

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
RESTRICTED SHARES UNITS (RSU) 0.0 2021-12-17 deemed execution date A 100,000 (a) common stock 100,000 $0.00 100,000 direct
Footnotes
IDfootnote
f1 each restricted stock unit ("rsu") represents a contingent right to receive one share of elevate credit, inc. common stock.
f2 the company's independent director compensation policy ("policy") limits the maximum number of shares that can be awarded to an independent director per calendar year to be no more than 100,000 shares. under this policy, the shares awarded will be reduced as necessary and any remaining value of the grant shall be provided in the form of a cash award with the same vesting schedule as the corresponding equity grant. there is a total of 3,093 shares that exceed the policy limit at a price of $2.91 for a total of $9,000.
f3 the rsus were granted on december 17, 2021. one-third (1/3) of the applicable rsus and cash vest on each anniversary of december 17, 2021 such that the rsus and cash shall be fully vested on december 17, 2024.

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