John Joseph Flynn - 05 Feb 2022 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Title: Chairman of the Board of Directors and Chief Executive Officer, Director
Signature
/s/ John Joseph Flynn
Issuer symbol
LPRO
Transactions as of
05 Feb 2022
Net transactions value
-$14,069
Form type
4
Filing time
08 Feb 2022, 19:41:21 UTC
Previous filing
19 Nov 2021
Next filing
14 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPRO Common Stock Options Exercise $0 +2,630 +0.1% $0.000000 2,614,178 05 Feb 2022 Direct F1
transaction LPRO Common Stock Tax liability $14,069 -779 -0.03% $18.06 2,613,399 05 Feb 2022 Direct
holding LPRO Common Stock 307,500 05 Feb 2022 Held by Flynn Family GST Irrevocable Trust

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 -2,630 -9.1% $0.000000 26,305 05 Feb 2022 Common Stock 2,630 Direct F2, F3
* 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 units vested on February 5, 2022.

Remarks:

Title: Chairman of the Board of Directors and Chief Executive Officer