connect the dot

Organization

Green Dot

American consumer banking and payments company known for prepaid debit cards; it bought Loopt in 2012.

3 links, 3 backed by primary records

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Also known as
Green Dot Corporation, Green Dot Corp.
Over time
  1. people who worked here Sam Altman (Senior Vice President, Interactive (2012); later Executive Vice President, Mobile Products and Technology) Mar 2012 – Oct 2013
  2. board members Sam Altman 4 Mar 2013 – 11 Apr 2016

Connections 3

people who worked here

  • Sam Altman Mar 2012 – Oct 2013 Senior Vice President, Interactive (2012); later Executive Vice President, Mobile Products and Technology Primary record 1

    Joined with the Loopt sale as Senior Vice President, Interactive (also chief technology officer, July to November 2012), then Executive Vice President, Mobile Products and Technology; left the staff in October 2013.

board members

acquired

  • Loopt Mar 2012 $43.4M Primary record 45

    Announced on 9 March 2012 and completed that month. The $43.4 million included about $9.8 million set aside to retain Loopt staff; the shares cost about $33.6 million.

Timeline 3 dates
  1. Mar 2012 – Oct 2013 Sam Altman worked at Green Dot
  2. Mar 2012 Green Dot acquired Loopt
  3. 4 Mar 2013 – 11 Apr 2016 Sam Altman board member of Green Dot
Proof 5 sources
  1. Green Dot Corporation 2014 proxy statement (Schedule 14A), Green Dot, 10 Apr 2014. Primary record
    He served as our Senior Vice President, Interactive, from March 2012 to November 2012 and also as our Chief Technology Officer from July 2012 to November 2012.
    Mr. Altman did not receive any compensation for services provided as a director in 2013 until he ceased serving as an employee in October 2013.
    Previously, he has served as Executive Vice President, Mobile Products and Technology for Green Dot.
  2. Green Dot Corporation Form 8-K: appointment of Samuel Altman to the board, Green Dot, 6 Mar 2013. Primary record
    On February 28, 2013, Green Dot Corporation (“Green Dot”) appointed Samuel Altman as a Class I member of its Board of Directors (“Board”), effective March 4, 2013.
  3. Green Dot Corporation Form 8-K: board changes, Green Dot, 11 Apr 2016. Primary record
    Samuel Altman, a non-independent Class I director, voluntarily agreed to step down from the Board, effective immediately prior to the new director appointments
  4. Green Dot to Acquire Loopt (press release, Exhibit 99.01 to Form 8-K), Green Dot, 9 Mar 2012. Primary record
    Green Dot will pay total consideration of $43.4 million in cash for the company, which includes approximately $9.8 million to be set aside as a retention pool for key Loopt employees.
  5. Green Dot Corporation annual report for 2012 (Form 10-K), Green Dot, 1 Mar 2013. Primary record
    In March 2012, we acquired Loopt, Inc., or Loopt, for approximately $33.6 million in cash in exchange for all of its outstanding shares.
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