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

Role
Chief Technology Offier, Director
Signature
/s/ Christopher Ing, by power of attorney
Stock symbol
UPST
Transactions as of
Dec 19, 2022
Transactions value $
$21,877
Form type
4
Date filed
12/21/2022, 03:12 PM
Previous filing
Dec 2, 2022
Next filing
Feb 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Options Exercise $21.9K +50.9K +7.38% $0.43* 740K Dec 19, 2022 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 Employee Stock Option (Right to buy) Options Exercise $0 -50.9K -28.13% $0.00 130K Dec 19, 2022 Common Stock 50.9K $0.43 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 All of the shares subject to this option are fully vested and exercisable as of the date hereof.