Sanjay Datta - 19 Dec 2022 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Financial Officer
Signature
/s/ Christopher Ing, by power of attorney
Issuer symbol
UPST
Transactions as of
19 Dec 2022
Net transactions value
-$20,191
Form type
4
Filing time
21 Dec 2022, 15:10:39 UTC
Previous filing
14 Dec 2022
Next filing
28 Dec 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 $4,320 +3,200 +1.2% $1.35* 260,485 19 Dec 2022 Direct F1, F2
transaction UPST Common Stock Sale $49,216 -3,200 -1.2% $15.38 257,285 19 Dec 2022 Direct F1
transaction UPST Common Stock Options Exercise $24,705 +18,300 +7.1% $1.35* 275,585 20 Dec 2022 Direct

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 -3,200 -3.8% $0.000000 81,839 19 Dec 2022 Common Stock 3,200 $1.35 Direct F1, F3
transaction UPST Employee Stock Option (Right to buy) Options Exercise $0 -18,300 -2.8% $0.000000 632,607 20 Dec 2022 Common Stock 18,300 $1.35 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2022.
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 All of the shares subject to this option are fully vested and exercisable as of the date hereof.