Paul Gu - 09 Nov 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
09 Nov 2021
Transactions value $
$67,500
Form type
4
Filing time
12 Nov 2021, 15:06:12 UTC
Previous filing
29 Oct 2021
Next filing
17 Nov 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 $33,750 +25,000 +7.88% $1.35* 342,412 09 Nov 2021 Direct F1
transaction UPST Common Stock Options Exercise $33,750 +25,000 +7.3% $1.35* 367,412 10 Nov 2021 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 UPST Employee Stock Option (Right to buy) Options Exercise $0 -25,000 -27.8% $0.000000 65,000 09 Nov 2021 Common Stock 25,000 $1.35 Direct F2
transaction UPST Employee Stock Option (Right to buy) Options Exercise $0 -25,000 -38.5% $0.000000 40,000 10 Nov 2021 Common Stock 25,000 $1.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 All of the shares subject to this option are fully vested and exercisable as of the date hereof.