GREEN DOT CORP — Director's Dealing 2020

Jun 10, 2020

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GREEN DOT CORP (GDOT)
CIK: 0001386278
Period of Report: 2020-05-28

Reporting Person: Eckert Daniel J (EVP, Chief Product Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	42568	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy Class A Common Stock)	$28.19	2027-05-06	Class A Common Stock (750000)		Direct

Footnotes

F1: Represents shares of Class A Common Stock underlying a restricted stock unit award that will vest as to 1/3 of the shares on each of May 6, 2021, May 6, 2022, and May 6, 2023, subject to the reporting person's provision of service to the issuer on each vesting date.

F2: The options are eligible to be exercised, if at all, as to one-third of the underlying shares if the average daily closing price of issuer's common stock on the New York Stock Exchange during any 20 consecutive calendar day period prior to May 6, 2025 (each, a "Measurement Period") is equal to or exceeds a threshold price per share (the "Threshold Price"), and as to additional installments equal to one-third of the underlying shares if during a subsequent Measurement Period, the price per share is $10 and $20 higher than the Threshold Price (each, a "Hurdle"). If a Hurdle for an installment is achieved, the shares subject to the installment shall vest on the first anniversary of the date of grant with respect to 33% of the shares and the remaining 66% of the shares shall vest in 24 equal installments at the end of each calendar month occurring thereafter, subject to the reporting person's continuous service as service provider on each such date.