Sarah Lackey - 04 Jan 2023 Form 4 Insider Report for Open Lending Corp (LPRO)

Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
04 Jan 2023
Net transactions value
-$7,583
Form type
4
Filing time
06 Jan 2023, 17:23:02 UTC
Previous filing
06 Jan 2023
Next filing
07 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LPRO Common Stock, par value $0.01 per share Options Exercise $0 +3,612 +9.3% $0.000000 42,508 04 Jan 2023 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $7,583 -1,071 -2.5% $7.08 41,437 04 Jan 2023 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 LPRO Restricted Stock Units Options Exercise $0 -3,612 -6.8% $0.000000 49,556 04 Jan 2023 Common Stock, par value $0.01 per share 3,612 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects restricted stock units that upon vesting converted into shares of LPRO common stock.
F2 Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
F3 These restricted stock units vested on January 4, 2023.