| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UPST | Common Stock | Sale | $90,321 | -1,309 | -6.2% | $69.00 | 19,757 | 25 Feb 2025 | Direct | F1, F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2024. |
| 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. |
| F3 | The amount of securities beneficially owned reflects a reduction in the number of shares held by the Reporting Person, reflecting the cancellation for no value of 919 RSU shares. |
Chief Accounting Officer and Controller. In addition to the cancellation of RSU shares referenced in footnote (1), the option to purchase 582 shares of Common Stock of the Issuer granted to the Reporting Person on February 29, 2024 was cancelled for no value.