Christopher Lutes, an insider of Elevate Credit, Inc., recently acquired 16,875 shares of the company. The buys took place at prices ranging from $0.00 to $3.69 per share, on August 15, 2021. Lutes now owns 610,541 shares of the company. Lutes operates out of Fort Worth, TX. Some additional info was provided as follows:
Mr. Lutes and his spouse, Moshira Lutes, are the voting trustees of the Lutes Family Living Trust.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Elevate Credit, Inc. common stock.
These shares were withheld by Issuer to satisfy tax withholding obligations.
Includes 1,659 shares of Elevate Credit, Inc. common stock acquired pursuant to Elevate Credit, Inc.'s Employee Stock Purchase Plan ("ESPP") on June 30, 2021.
The RSUs shall vest as to one-fourth (1/4th) of the applicable RSUs on each anniversary of August 15, 2019 such that the RSUs shall be fully vested on August 15, 2023.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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