Alison Nicoll - 08 Dec 2021 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
General Counsel
Signature
/s/ Christopher Ing, by power of attorney
Issuer symbol
UPST
Transactions as of
08 Dec 2021
Net transactions value
-$1,436,971
Form type
4
Filing time
10 Dec 2021, 15:45:17 UTC
Previous filing
03 Dec 2021
Next filing
17 Dec 2021
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 $1,725 +7,500 +53% $0.2300* 21,730 08 Dec 2021 Direct F1, F2
transaction UPST Common Stock Sale $92,581 -500 -2.3% $185.16* 21,230 08 Dec 2021 Direct F1, F2, F3
transaction UPST Common Stock Sale $74,582 -400 -1.9% $186.46* 20,830 08 Dec 2021 Direct F1, F2, F4
transaction UPST Common Stock Sale $206,074 -1,100 -5.3% $187.34* 19,730 08 Dec 2021 Direct F1, F2, F5
transaction UPST Common Stock Sale $112,993 -600 -3% $188.32* 19,130 08 Dec 2021 Direct F1, F2, F6
transaction UPST Common Stock Sale $94,873 -500 -2.6% $189.75* 18,630 08 Dec 2021 Direct F1, F2, F7
transaction UPST Common Stock Sale $57,364 -300 -1.6% $191.21* 18,330 08 Dec 2021 Direct F1, F2, F8
transaction UPST Common Stock Sale $207,769 -1,074 -5.9% $193.45* 17,256 08 Dec 2021 Direct F1, F2, F9
transaction UPST Common Stock Sale $257,882 -1,326 -7.7% $194.48* 15,930 08 Dec 2021 Direct F1, F2, F10
transaction UPST Common Stock Sale $78,134 -400 -2.5% $195.34* 15,530 08 Dec 2021 Direct F1, F2, F11
transaction UPST Common Stock Sale $117,956 -600 -3.9% $196.59* 14,930 08 Dec 2021 Direct F1, F2, F12
transaction UPST Common Stock Sale $118,629 -600 -4% $197.72* 14,330 08 Dec 2021 Direct F1, F2, F13
transaction UPST Common Stock Sale $19,859 -100 -0.7% $198.59* 14,230 08 Dec 2021 Direct F1, F2

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 Employee Stock Option (Right to buy) Options Exercise $0 -7,500 -21% $0.000000 27,500 08 Dec 2021 Common Stock 7,500 $0.2300 Direct F1, F14
* 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 May 25, 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 $184.73 to $185.66. 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 (13) 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 $185.87 to $186.75.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.96 to $187.89.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.99 to $188.70.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.19 to $190.07.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $190.81 to $191.80.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $192.95 to $193.92.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $193.99 to $194.86.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.00 to $195.84.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.31 to $197.06.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $197.31 to $198.24.
F14 All of the shares subject to this option are fully vested and exercisable as of the date hereof.