Natalia Mirgorodskaya - 12 Aug 2021 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Corporate Controller
Signature
/s/ Christopher Ing, by power of attorney
Issuer symbol
UPST
Transactions as of
12 Aug 2021
Net transactions value
-$2,733,875
Form type
4
Filing time
16 Aug 2021, 18:49:05 UTC
Previous filing
24 May 2021
Next filing
17 Sep 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 $6,880 +16,000 +72% $0.4300* 38,259 12 Aug 2021 Direct F1, F2
transaction UPST Common Stock Sale $2,740,755 -16,351 -43% $167.62* 21,908 12 Aug 2021 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) Options Exercise $0 -16,000 -50% $0.000000 16,000 12 Aug 2021 Common Stock 16,000 $0.4300 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 27, 2021.
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 All of the shares subject to this option are fully vested and exercisable as of the date hereof.