John Joseph Flynn - Feb 5, 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
Stock symbol
LPRO
Transactions as of
Feb 5, 2022
Transactions value $
-$14,069
Form type
4
Date filed
2/8/2022, 07:41 PM
Previous filing
Nov 19, 2021
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPRO Common Stock Options Exercise $0 +2.63K +0.1% $0.00 2.61M Feb 5, 2022 Direct F1
transaction LPRO Common Stock Tax liability -$14.1K -779 -0.03% $18.06 2.61M Feb 5, 2022 Direct
holding LPRO Common Stock 308K Feb 5, 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 -2.63K -9.09% $0.00 26.3K Feb 5, 2022 Common Stock 2.63K 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