Sec Form 4 Filing - TECHNOLOGY CROSSOVER MANAGEMENT V LLC @ Elevate Credit, Inc. - 2017-04-10

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person TECHNOLOGY CROSSOVER MANAGEMENT V LLC 2. Issuer Name and Ticker or Trading Symbol Elevate Credit, Inc. [ ELVT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) X __ Other (specify below) May be part of a 13(g) group (Last) (First) (Middle) C/O TCMI, INC., 528 RAMONA STREET 3. Date of Earliest Transaction (MM/DD/YY) 04/10/2017 (Street) PALO ALTO, CA94301 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/10/2017 C 37,055 A 37,055 I TCV V, L.P. ( 4 ) Common Stock 04/10/2017 C 920,537 A 957,593 I TCV V, L.P. ( 4 ) Common Stock 04/10/2017 C 4,931,037 A 5,888,631 I TCV V, L.P. ( 4 ) Common Stock 04/10/2017 P 78,494 A $ 6.5 5,967,123 I TCV V, L.P. ( 4 ) Common Stock 04/10/2017 C 715 A 715 I TCV Member Fund, L.P. ( 5 ) Common Stock 04/10/2017 C 17,695 A 18,410 I TCV Member Fund, L.P. ( 5 ) Common Stock 04/10/2017 C 98,370 A 116,780 I TCV Member Fund, L.P. ( 5 ) Common Stock 04/10/2017 P 1,506 A $ 6.5 118,286 I TCV Member Fund, L.P. ( 5 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Series A Preferred Stock ( 2 ) 04/10/2017 C 368,215 ( 2 ) ( 2 ) Common Stock 920,537 ( 1 ) $ 0 0 I TCV V, L.P. ( 4 ) Series A Preferred Stock ( 2 ) 04/10/2017 C 7,078 ( 2 ) ( 2 ) Common Stock 17,695 ( 1 ) $ 0 0 I TCV Member Fund, L.P. ( 5 ) Series B Preferred Stock ( 3 ) 04/10/2017 C 1,972,415 ( 3 ) ( 3 ) Common Stock 4,931,037 ( 1 ) $ 0 0 I TCV V, L.P. ( 4 ) Series B Preferred Stock ( 3 ) 04/10/2017 C 39,348 ( 3 ) ( 3 ) Common Stock 98,370 ( 1 ) $ 0 0 I TCV Member Fund, L.P. ( 5 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other TECHNOLOGY CROSSOVER MANAGEMENT V LLC C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group TCV V LP C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group TCV Member Fund, L.P. C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group HOAG JAY C C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group KIMBALL RICK C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group DREW JOHN C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group REYNOLDS JON Q JR C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group Rosenberg John C. C/O TCMI, INC. 528 RAMONA STREET PALO ALTO, CA94301 X May be part of a 13(g) group Signatures By: Frederic D. Fenton, Authorized Signatory for Technology Crossover Management V, L.L.C. 04/10/2017 Signature of Reporting Person Date By: Frederic D. Fenton, Authorized Signatory for TCV V, L.P. 04/10/2017 Signature of Reporting Person Date By: Frederic D. Fenton, Authorized Signatory for TCV Member Fund, L.P. 04/10/2017 Signature of Reporting Person Date By: Frederic D. Fenton, Authorized Signatory for Jay C. Hoag 04/10/2017 Signature of Reporting Person Date By: Frederic D. Fenton, Authorized Signatory for Richard H. Kimball 04/10/2017 Signature of Reporting Person Date By: Frederic D. Fenton, Authorized Signatory for John L. Drew 04/10/2017 Signature of Reporting Person Date By: Frederic D. Fenton, Authorized Signatory for Jon Q. Reynolds 04/10/2017 Signature of Reporting Person Date By: Frederic D. Fenton, Authorized Signatory for John C. Rosenberg 04/10/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Reflects a 2.5-for-1 forward stock split which became effective on April 10, 2017. ( 2 )The Series A preferred stock converted into issuer common stock on a 1-for-1 basis and has no expiration date. ( 3 )The Series B preferred stock converted into issuer common stock on a 1-for-1 basis and has no expiration date. ( 4 )These securities are directly held by TCV V, L.P. ("TCV V"). Jay C. Hoag, Richard H. Kimball, John L. Drew, and Jon Q. Reynolds are Class A Members (collectively, the "TCM V Members") and John C. Rosenberg is an Assignee of Technology Crossover Management V, L.L.C. ("TCM V") which is the general partner of TCV V. The TCM V Members, Mr. Rosenberg and TCM V may be deemed to beneficially own the securities held by TCV V, but each of the TCM V Members, Mr. Rosenberg and TCM V disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein. ( 5 )These securities are directly held by TCV Member Fund, L.P. ("TCV Member Fund"). The TCM V Members are Members and Mr. Rosenberg is an Assignee of TCM V, which is a general partner of TCV Member Fund. The TCM V Members and Mr. Rosenberg are also limited partners of TCV Member Fund. The TCM V Members, Mr. Rosenberg and TCM V may be deemed to beneficially own the securities held by TCV Member Fund, but each of the TCM V Members, Mr. Rosenberg and TCM V disclaim beneficial ownership of such securities except to the extent of their pecuniary interest therein.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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