Paul Gu - 19 Aug 2021 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
SVP, Product and Data Science, Director
Signature
/s/ Christopher Ing, by power of attorney
Issuer symbol
UPST
Transactions as of
19 Aug 2021
Transactions value $
$27,000
Form type
4
Filing time
23 Aug 2021, 19:47:36 UTC
Previous filing
18 Aug 2021
Next filing
17 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Options Exercise $27,000 +20,000 +7.77% $1.35* 277,412 19 Aug 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UPST Employee Stock Option (Right to buy) Options Exercise $0 -20,000 -13.33% $0 130,000 19 Aug 2021 Common Stock 20,000 $1.35 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2,000 shares acquired on August 18, 2021 under the Issuer's 2020 Employee Stock Purchase Plan.
F2 Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F3 This option, originally for 250,000 shares, of which 120,000 shares have been exercised, vested as to one forty-eighth of the shares on February 1, 2017 and one forty-eighth of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.