Hilliard C. Terry III - Nov 11, 2021 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Director
Signature
/s/ Christopher Ing, by power of attorney
Stock symbol
UPST
Transactions as of
Nov 11, 2021
Transactions value $
-$14,841,192
Form type
4
Date filed
11/15/2021, 04:58 PM
Previous filing
Jun 1, 2021
Next filing
Jan 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Options Exercise $228K +60K +4024.14% $3.80* 61.5K Nov 11, 2021 Direct F1, F2
transaction UPST Common Stock Sale -$73.7K -300 -0.49% $245.80* 61.2K Nov 11, 2021 Direct F1, F2, F3
transaction UPST Common Stock Sale -$861K -3.48K -5.69% $247.41* 57.7K Nov 11, 2021 Direct F1, F2, F4
transaction UPST Common Stock Sale -$3.85M -15.5K -26.83% $248.37* 42.2K Nov 11, 2021 Direct F1, F2, F5
transaction UPST Common Stock Sale -$3.81M -15.3K -36.23% $249.21* 26.9K Nov 11, 2021 Direct F1, F2, F6
transaction UPST Common Stock Sale -$1.72M -6.86K -25.49% $250.20* 20.1K Nov 11, 2021 Direct F1, F2, F7
transaction UPST Common Stock Sale -$1.16M -4.61K -22.95% $251.27* 15.5K Nov 11, 2021 Direct F1, F2, F8
transaction UPST Common Stock Sale -$1.05M -4.15K -26.84% $252.36* 11.3K Nov 11, 2021 Direct F1, F2, F9
transaction UPST Common Stock Sale -$405K -1.6K -14.15% $253.21* 9.71K Nov 11, 2021 Direct F1, F2, F10
transaction UPST Common Stock Sale -$178K -700 -7.21% $254.77* 9.01K Nov 11, 2021 Direct F1, F2, F11
transaction UPST Common Stock Sale -$76.7K -300 -3.33% $255.81* 8.71K Nov 11, 2021 Direct F1, F2, F12
transaction UPST Common Stock Sale -$258K -1K -11.48% $257.61* 7.71K Nov 11, 2021 Direct F1, F2, F13
transaction UPST Common Stock Sale -$51.8K -200 -2.59% $258.78* 7.51K Nov 11, 2021 Direct F1, F2, F14
transaction UPST Common Stock Sale -$208K -800 -10.65% $260.48* 6.71K Nov 11, 2021 Direct F1, F2, F15
transaction UPST Common Stock Sale -$209K -800 -11.92% $261.20* 5.91K Nov 11, 2021 Direct F1, F2, F16
transaction UPST Common Stock Sale -$131K -500 -8.46% $262.35* 5.41K Nov 11, 2021 Direct F1, F2, F17
transaction UPST Common Stock Sale -$492K -1.87K -34.52% $263.76* 3.54K Nov 11, 2021 Direct F1, F2, F18
transaction UPST Common Stock Sale -$252K -950 -26.82% $264.76* 2.59K Nov 11, 2021 Direct F1, F2, F19
transaction UPST Common Stock Sale -$292K -1.1K -42.48% $265.46* 1.49K Nov 11, 2021 Direct F1, F2, F20

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 Stock Option (Right to buy) Options Exercise $0 -60K -46.77% $0.00 68.3K Nov 11, 2021 Common Stock 60K $3.80 Direct F1, F21
* 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 August 27, 2021.
F2 Certain of these securities are restricted stock units (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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.72 to $245.97. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3) through (20) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.79 to $247.735.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.79 to $248.78.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.79 to $249.785.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.795 to $250.79.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.80 to $251.775.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.92 to $252.91.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.92 to $253.72.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.50 to $255.05.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.64 to $255.90.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.10 to $258.05.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.56 to $259.00.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.00 to $260.98.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.00 to $261.76.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.11 to $262.56.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $263.24 to $264.19.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $264.24 to $265.00.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $265.25 to $265.70.
F21 All of the shares subject to this option are fully vested and exercisable as of the date hereof.