Ross M. Jessup - 05 May 2022 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Title: Director, President and Chief Operating Officer, Director
Signature
/s/ Ross M. Jessup
Issuer symbol
LPRO
Transactions as of
05 May 2022
Net transactions value
-$6,489
Form type
4
Filing time
09 May 2022, 17:04:31 UTC
Previous filing
08 Nov 2022
Next filing
09 Aug 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 +1,879 +0.05% $0.000000 3,539,896 05 May 2022 Direct F1
transaction LPRO Common Stock Tax liability $6,489 -457 -0.01% $14.20 3,539,439 05 May 2022 Direct

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 -1,879 -3.8% $0.000000 47,946 05 May 2022 Common Stock 1,879 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 stock units vested on May 5, 2022.

Remarks:

Title: Director, President and Chief Operating Officer