Charles D. Jehl - May 6, 2021 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Title: Chief Financial Officer
Signature
/c/ Charles D. Jehl
Stock symbol
LPRO
Transactions as of
May 6, 2021
Transactions value $
$0
Form type
4
Date filed
5/10/2021, 04:35 PM
Next filing
Nov 9, 2021

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 +150K +686.47% $0.00 172K May 6, 2021 Common Stock 150K 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 50% of the restricted stock units will vest on May 6, 2023. 25% of the restricted stock units will vest on May 6, 2024 and the remaining 25% of the restricted stock units will vest on May 6, 2025.

Remarks:

Title: Chief Financial Officer