Natalia Mirgorodskaya - 31 Mar 2025 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
Chief Accounting Officer and Controller
Signature
/s/ Gabrielle Brown, by power of attorney
Issuer symbol
UPST
Transactions as of
31 Mar 2025
Net transactions value
$0
Form type
4
Filing time
02 Apr 2025, 16:18:25 UTC
Previous filing
27 Feb 2025
Next filing
22 May 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 Award $0 +972 +4.9% $0.000000 20,729 31 Mar 2025 Direct F1, F2
transaction UPST Common Stock Award $0 +5,998 +29% $0.000000 26,727 31 Mar 2025 Direct F3

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 +616 $0.000000 616 31 Mar 2025 Common Stock 616 $46.03 Direct F4
transaction UPST Employee Stock Option (Right to buy) Award $0 +3,799 $0.000000 3,799 31 Mar 2025 Common Stock 3,799 $46.03 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSUsrepresents a contingent right to receive one share of Common Stock. These RSUs shall vest on November 20, 2025, subject to the Reporting Person continuing as a service provider through such date.
F2 Certain of the securities reported in Column 5 of each row of Table I 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.
F3 These securities are RSUs. Each RSU represents a contingent right to receive one share of Common Stock. 1/4th of the RSUs shall vest on February 20, 2026 and at the end of each successive three month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F4 1/3rd of the shares subject to the option shall vest on September 20, 2025 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F5 1/12th of the shares subject to the option shall vest on December 20, 2025 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.

Remarks:

Chief Accounting Officer and Controller