Cassidy Sukhinder Singh - 19 Nov 2021 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Director
Signature
/s/ Christopher Ing, by power of attorney
Issuer symbol
UPST
Transactions as of
19 Nov 2021
Net transactions value
-$1,016,750
Form type
4
Filing time
23 Nov 2021, 15:27:35 UTC
Previous filing
10 Jun 2021
Next filing
12 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Options Exercise $42,050 +5,000 +335% $8.41 6,491 19 Nov 2021 Direct F1
transaction UPST Common Stock Sale $1,058,800 -5,000 -77% $211.76* 1,491 19 Nov 2021 Direct F1

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 -5,000 -3.9% $0.000000 123,295 19 Nov 2021 Common Stock 5,000 $8.41 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This option, originally for 128,295 shares, of which 5,000 shares have been exercised, vested as to one twenty-fourth of the shares subject to the option on April 1, 2020 and one twenty-fourth of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.