Sanjay Datta - Feb 28, 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role: Chief Financial Officer
Signature: /s/ Gabrielle Brown, by power of attorney
Stock symbol: UPST
Transactions as of: Feb 28, 2025
Transactions value $: $0
Form type: 4
Date filed: 3/4/2025, 07:58 PM
Previous 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	Award	$0	+29.3K	+9.92%	$0.00	325K	Feb 28, 2025	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)	Award	$0	+55.7K		$0.00	55.7K	Feb 28, 2025	Common Stock	55.7K	$66.67	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 1/16th of the RSUs shall vest on May 20, 2025 and at the end of each successive three month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2	Certain of these securities are 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	1/48th of the shares subject to the option shall vest on March 20, 2025 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.