Paul Gu - 31 Jan 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Technology Offier, Director
Signature
/s/ Gabrielle Brown, by power of attorney
Issuer symbol
UPST
Transactions as of
31 Jan 2025
Net transactions value
+$166,500
Form type
4
Filing time
04 Feb 2025, 16:24:36 UTC
Previous filing
15 Jan 2025
Next filing
24 Feb 2025
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 $66,500 +17,500 +1.8% $3.80 1,011,357 31 Jan 2025 Direct F1
transaction UPST Common Stock Options Exercise $100,000 +6,566 +0.65% $15.23 1,017,923 31 Jan 2025 Direct

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 -17,500 -13% $0.000000 120,000 31 Jan 2025 Common Stock 17,500 $3.80 Direct F2
transaction UPST Employee Stock Option (Right to buy) Options Exercise $0 -6,566 -2.1% $0.000000 311,870 31 Jan 2025 Common Stock 6,566 $15.23 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain of the securities reported in Column 5 of each row of Table I 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.
F3 1/48th of the shares subject to the option shall vest on March 20, 2023 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.