Sec Form 4 Filing - TCV V LP @ Elevate Credit, Inc. - 2021-03-01

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
TCV V LP
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., 250 MIDDLEFIELD ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/01/2021
(Street)
MENLO PARK, CA94025
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 03/01/2021 S 1,470,844 D $ 4.06 4,496,279 D ( 1 )
Common Stock 03/01/2021 S 29,156 D $ 4.06 89,130 I TCV Member Fund, L.P. ( 2 )
Common Stock 19,479 I TCV Management 2004, L.L.C. ( 3 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TCV V LP
C/O TCMI, INC.
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X May be part of a 13(g) group
TCV Member Fund, L.P.
C/O TCMI, INC.
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X May be part of a 13(g) group
TECHNOLOGY CROSSOVER MANAGEMENT V LLC
C/O TCMI, INC.
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X May be part of a 13(g) group
TCV MANAGEMENT 2004 LLC
C/O TCMI, INC.
250 MIDDLEFIELD ROAD
MENLO PARK, CA94025
X May be part of a 13(g) group
Signatures
By: Frederic D. Fenton, Authorized Signatory for TCV V, L.P. 03/03/2021
Signature of Reporting Person Date
By: Frederic D. Fenton, Authorized Signatory for TCV Member Fund, L.P. 03/03/2021
Signature of Reporting Person Date
By: Frederic D. Fenton, Authorized Signatory for Technology Crossover Management V, L.L.C. 03/03/2021
Signature of Reporting Person Date
By: Frederic D. Fenton, Authorized Signatory for TCV Management 2004, L.L.C. 03/03/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )These securities are directly held by TCV V, L.P. ("TCV V"). Technology Crossover Management V, L.L.C. ("TCM V") is the general partner of TCV V. TCM V may be deemed to beneficially own the securities held byTCV V but TCM V disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
( 2 )These securities are directly held by TCV Member Fund, L.P. ("TCV Member Fund"). TCM V is a general partner of TCV Member Fund. TCM V may be deemed to beneficially own the securities held by TCV Member Fund but TCM V disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein.
( 3 )These shares are held directly by TCV Management 2004, L.L.C.

Remarks:
All Reporting Persons may be part of a 13(g) group.

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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.