SHUBHI SURYAJI RAO - 24 May 2023 Form 4 Insider Report for Open Lending Corp (LPRO)

Role: Director
Signature: /s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol: LPRO
Transactions as of: 24 May 2023
Net transactions value: $0
Form type: 4
Filing time: 26 May 2023, 16:21:59 UTC
Previous filing: 20 Sep 2022
Next filing: 15 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LPRO	Common Stock, par value $0.01 per share	Options Exercise	$0	+9,569	+322%	$0.000000	12,539	24 May 2023	Direct	F1

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	Options Exercise	$0	-9,569	-100%	$0.000000^*	0	24 May 2023	Common Stock, par value $0.01 per share	9,569		Direct	F2, F3
transaction	LPRO	Restricted Stock Units	Award	$0	+10,162		$0.000000	10,162	24 May 2023	Common Stock, par value $0.01 per share	10,162		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	Reflects restricted stock units that upon vesting converted into shares of LPRO common stock.
F2	Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
F3	These restricted stock units vested on May 24, 2023.
F4	These restricted stock units will vest on the earlier of (i) May 24, 2024 and (ii) the next annual meeting of the Issuer's stockholders following the date of the grant.