John Joseph Flynn - Nov 5, 2021 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
Nov 5, 2021
Transactions value $
-$105,791
Form type
4
Date filed
11/9/2021, 06:15 PM
Previous filing
Oct 22, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPRO Common Stock Options Exercise $0 +9.65K +0.36% $0.00 2.67M Nov 5, 2021 Direct F1
transaction LPRO Common Stock Tax liability -$106K -3.12K -0.12% $33.94 2.67M Nov 5, 2021 Direct
holding LPRO Common Stock 323K Nov 5, 2021 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 -9.65K -25% $0.00 28.9K Nov 5, 2021 Common Stock 9.65K 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 November 5, 2021.

Remarks:

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