Keith Jezek - 07 Oct 2022 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Chief Executive Officer, Director
Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
07 Oct 2022
Transactions value $
$0
Form type
4
Filing time
12 Oct 2022, 20:28:09 UTC
Next filing
17 Mar 2023
SEC
View on sec.gov

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 LPRO Restricted Stock Units Award $0 +825K $0.00 825K 07 Oct 2022 Common Stock 825K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
F2 These restricted units vest as follows: (i) 25% shall vest on October 7, 2023, and (ii) thereafter, in equal installments on each of the first thirty-six (36) monthly anniversaries of the initial vesting date.