Kerry Whorton Cooper - Jan 10, 2024 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Director
Signature
/s/ Cynthia Moon, by power of attorney
Stock symbol
UPST
Transactions as of
Jan 10, 2024
Transactions value $
$0
Form type
4
Date filed
1/12/2024, 05:00 PM
Previous filing
May 30, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Award $0 +666 +8.2% $0.00 8.79K Jan 10, 2024 See Footnote F1, F2
holding UPST Common Stock 9.67K Jan 10, 2024 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 fully vested restricted stock units (RSUs). Each RSU represents a right to receive one share of Common Stock in settlement as soon as practicable after grant. These RSUs were granted, pursuant to a prior election by the Reporting Person, in lieu of an individual annual cash retainer payment for Board service to the Issuer that the Reporting Person would have otherwise received pursuant to the Issuer's Outside Director Compensation Policy.
F2 These shares are held by the Edward and Kerry Cooper Living Trust, for which the Reporting Person and her spouse serve as co-trustees.
F3 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.