Alison Nicoll - Feb 20, 2022 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Signature
/s/ Emily Baumbach, by power of attorney
Stock symbol
UPST
Transactions as of
Feb 20, 2022
Transactions value $
$0
Form type
4
Date filed
2/23/2022, 07:47 PM
Previous filing
Feb 18, 2022
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Award $0 +6.91K +3.85% $0.00 186K Feb 20, 2022 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) Award $0 +15.2K $0.00 15.2K Feb 20, 2022 Common Stock 15.2K $130.05 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 1/4th of the RSUs shall vest on May 20, 2024 and each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Certain of these securities are 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 1/12th of the shares subject to the option shall vest on March 20, 2024 and at the end of each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.