Sanjay Datta - May 26, 2023 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role: Chief Financial Officer
Signature: /s/ Christopher Ing, by power of attorney
Stock symbol: UPST
Transactions as of: May 26, 2023
Transactions value $: -$625,379
Form type: 4
Date filed: 5/31/2023, 04:19 PM
Previous filing: May 25, 2023
Next filing: Aug 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPST	Common Stock	Sale	-$625K	-26.1K	-5.85%	$23.99	420K	May 26, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.84 to $24.18. 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 this range.
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.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.84 to $24.18. 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 this range.

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.