Paul Gu - Jan 31, 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Technology Offier, Director
Signature
/s/ Gabrielle Brown, by power of attorney
Stock symbol
UPST
Transactions as of
Jan 31, 2025
Transactions value $
$166,500
Form type
4
Date filed
2/4/2025, 04:24 PM
Previous filing
Jan 15, 2025
Next filing
Feb 24, 2025
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 $66.5K +17.5K +1.76% $3.80 1.01M Jan 31, 2025 Direct F1
transaction UPST Common Stock Options Exercise $100K +6.57K +0.65% $15.23 1.02M Jan 31, 2025 Direct

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 -17.5K -12.73% $0.00 120K Jan 31, 2025 Common Stock 17.5K $3.80 Direct F2
transaction UPST Employee Stock Option (Right to buy) Options Exercise $0 -6.57K -2.06% $0.00 312K Jan 31, 2025 Common Stock 6.57K $15.23 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain of the securities reported in Column 5 of each row of Table I 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.
F2 All of the shares subject to this option are fully vested and exercisable as of the date hereof.
F3 1/48th of the shares subject to the option shall vest on March 20, 2023 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.