Scott Darling - 15 Feb 2024 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Legal Officer
Signature
/s/ Cynthia Moon, by power of attorney
Issuer symbol
UPST
Transactions as of
15 Feb 2024
Transactions value $
$132,200
Form type
4
Filing time
20 Feb 2024, 16:10:07 UTC
Previous filing
31 Jan 2024
Next filing
22 Feb 2024
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 $132K +10K +5.88% $13.22 180K 15 Feb 2024 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) Options Exercise $0 -10K -2.36% $0.00 415K 15 Feb 2024 Common Stock 10K $13.22 Direct F3
* 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 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 Includes 536 shares acquired on February 15, 2024 under the Issuer's 2020 Employee Stock Purchase Plan.
F3 1/48th of the shares subject to the option shall vest on January 20, 2023 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.