X0306 4 2019-06-20 0 0001651094 Elevate Credit, Inc. ELVT 0001367787 SCGF III MANAGEMENT LLC 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001367782 SEQUOIA CAPITAL GROWTH FUND III 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001296083 SEQUOIA CAPITAL ENTERPRENEURS ANNEX FUND 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001201045 MORITZ MICHAEL J 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001092521 SEQUOIA CAPITAL FRANCHISE PARTNERS LP 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001085206 SEQUOIA CAPITAL FRANCHISE FUND LP 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001096113 SEQUOIA CAPITAL IX 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001195580 LEONE DOUGLAS M 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001357260 SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 0001367781 SEQUOIA CAPITAL GROWTH PARTNERS III 2800 SAND HILL ROAD, SUITE 101 MENLO PARK CA 94025 0 0 1 0 Common Stock 2019-06-20 4 S 0 8924 4.458 D 4956201 I By Sequoia Capital Growth Fund III, L.P. Common Stock 2019-06-21 4 S 0 6972 4.359 D 4949229 I By Sequoia Capital Growth Fund III, L.P. Common Stock 2019-06-24 4 S 0 6972 4.327 D 4942257 I By Sequoia Capital Growth Fund III, L.P. Common Stock 2019-06-20 4 S 0 1572 4.458 D 872909 I By Sequoia Capital IX, L.P. Common Stock 2019-06-21 4 S 0 1228 4.359 D 871681 I By Sequoia Capital IX, L.P. Common Stock 2019-06-24 4 S 0 1228 4.327 D 870453 I By Sequoia Capital IX, L.P. Common Stock 2019-06-20 4 S 0 1498 4.458 D 832186 I By Sequoia Capital Franchise Fund, L.P. Common Stock 2019-06-21 4 S 0 1171 4.359 D 831015 I By Sequoia Capital Franchise Fund, L.P. Common Stock 2019-06-24 4 S 0 1171 4.327 D 829844 I By Sequoia Capital Franchise Fund, L.P. Common Stock 2019-06-20 4 S 0 437 4.458 D 242718 I By Sequoia Capital Growth III Principals Fund, LLC Common Stock 2019-06-21 4 S 0 341 4.359 D 242377 I By Sequoia Capital Growth III Principals Fund, LLC Common Stock 2019-06-24 4 S 0 341 4.327 D 242036 I By Sequoia Capital Growth III Principals Fund, LLC Common Stock 2019-06-20 4 S 0 205 4.458 D 113475 I By Sequoia Capital Franchise Partners, L.P. Common Stock 2019-06-21 4 S 0 160 4.359 D 113315 I By Sequoia Capital Franchise Partners, L.P. Common Stock 2019-06-24 4 S 0 160 4.327 D 113155 I By Sequoia Capital Franchise Partners, L.P Common Stock 2019-06-20 4 S 0 98 4.458 D 54636 I By Sequoia Capital Growth Partners III, L.P. Common Stock 2019-06-21 4 S 0 77 4.359 D 54559 I By Sequoia Capital Growth Partners III, L.P. Common Stock 2019-06-24 4 S 0 77 4.327 D 54482 I By Sequoia Capital Growth Partners III, L.P. Common Stock 2019-06-20 4 S 0 66 4.458 D 36361 I By Sequoia Capital Entrepreneurs Annex Fund, L.P. Common Stock 2019-06-21 4 S 0 51 4.359 D 36310 I By Sequoia Capital Entrepreneurs Annex Fund, L.P. Common Stock 2019-06-24 4 S 0 51 4.327 D 36259 I By Sequoia Capital Entrepreneurs Annex Fund, L.P. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.40 to $4.56, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.30 to $4.425, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.27 to $4.39, inclusive. The Reporting Person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (3) to this Form 4. SCGF III Management, LLC is the general partner of each of Sequoia Capital Growth Partners III, L.P. and Sequoia Capital Growth Fund III, L.P., and is the managing member of Sequoia Capital Growth III Principals Fund, LLC. As a result, SCGF III Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Growth Partners III, L.P., Sequoia Capital Growth Fund III, L.P. and Sequoia Capital Growth III Principals Fund, LLC. SC IX.I Management, LLC is the general partner of each of Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. As a result, SC IX.I Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. SCFF Management, LLC is the general partner of Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. The managing members of SCFF Management, LLC are Douglas M. Leone and Michael J. Moritz. Each of the managing members of SCFF Management, LLC and each of the managing members may be deemed to share beneficial ownership of the shares held by the Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. As a result, SCFF Management, LLC and each of the managing members of SCFF Management, LLC may be deemed to share voting and dispositive power with respect to the shares held by Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. Each of the Reporting Persons disclaims beneficial ownership of these securities except to the extent of his or its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. Form 1 of 2. /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCGF III Management, LLC 2019-06-24 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCGF III Management, LLC, the general partner of Sequoia Capital Growth Partners III, L.P. and Sequoia Capital Growth Fund III, L.P. 2019-06-24 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCGF III Management, LLC, the managing member of Sequoia Capital Growth III Principals Fund, LLC 2019-06-24 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SC IX.I Management, LLC, the general partner of each of Sequoia Capital IX, L.P. and Sequoia Capital Entrepreneurs Annex Fund, L.P. 2019-06-24 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone 2019-06-24 /s/ Jung Yeon Son, by power of attorney for Michael J. Moritz 2019-06-24 /s/ Jung Yeon Son, by power of attorney for Douglas M. Leone, a Managing Member of SCFF Management, LLC, the general partner of Sequoia Capital Franchise Fund L.P. and Sequoia Capital Franchise Partners, L.P. 2019-06-24