Dave Girouard - Feb 29, 2024 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Cynthia Moon, by power of attorney
Stock symbol
UPST
Transactions as of
Feb 29, 2024
Transactions value $
$0
Form type
4
Date filed
3/4/2024, 06:14 PM
Previous filing
Feb 22, 2024
Next filing
May 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UPST Common Stock 8.34M Feb 29, 2024 See Footnote F1
holding UPST Common Stock 1M Feb 29, 2024 See Footnote F2
holding UPST Common Stock 547K Feb 29, 2024 See Footnote F3
holding UPST Common Stock 547K Feb 29, 2024 See Footnote F4
holding UPST Common Stock 126K Feb 29, 2024 See Footnote F5
holding UPST Common Stock 126K Feb 29, 2024 See Footnote F6
holding UPST Common Stock 67.9K Feb 29, 2024 Direct F7

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) Award $0 +417K $0.00 417K Feb 29, 2024 Common Stock 417K $25.75 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held by 2008 D&T Girouard Revocable Trust, for which the Reporting Person serves as Trustee.
F2 These shares are held by David J Girouard, as trustee of the DTG GRAT LLC, dated May 23,2023.
F3 These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 EXEMPT GIFT TRUST, dated October 19, 2020.
F4 These shares are held by Tristen Baird Willard, as trustee of the JRG 2020 EXEMPT GIFT TRUST, dated October 19, 2020.
F5 These shares are held by Tristen Baird Willard, as trustee of the JRG 2020 NONEXEMPT GIFT TRUST, dated October 19, 2020.
F6 These shares are held by Tristen Baird Willard, as trustee of the TMG 2020 NONEXEMPT GIFT TRUST, dated October 19, 2020.
F7 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.
F8 1/48th of the shares subject to the option shall vest on March 20, 2024 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.