George W. Gresham - 21 Oct 2024 Form 4 Insider Report for GREEN DOT CORP (GDOT)

Signature
/s/ Lina Davidian as attorney-in-fact for George Gresham
Issuer symbol
GDOT
Transactions as of
21 Oct 2024
Net transactions value
-$19,213
Form type
4
Filing time
23 Oct 2024, 21:21:24 UTC
Previous filing
18 Oct 2024
Next filing
16 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDOT Class A Common Stock Tax liability $19,213 -1,678 -0.4% $11.45 419,553 21 Oct 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs, based on a price of $11.45 per share, which represented the closing price of the issuer's Class A Common Stock on October 21, 2024, and does not represent a sale by the reporting person.
F2 On October 23, 2024, the Compensation Committee of the Board of Directors of the issuer determined that the applicable targets for 300,000 performance-based restricted stock units ("PSUs") granted to the Reporting Person on October 21, 2021, were not achieved. Accordingly, the number of shares beneficially owned reflects the forfeiture of such PSUs.