Charles D. Jehl - 05 May 2023 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Chief Financial Officer
Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
05 May 2023
Net transactions value
-$136,288
Form type
4
Filing time
09 May 2023, 18:14:03 UTC
Previous filing
14 Apr 2023
Next filing
08 Aug 2023
SEC
View on sec.gov

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 +1,572 +9.1% $0.000000 18,772 05 May 2023 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $2,792 -382 -2% $7.31 18,390 05 May 2023 Direct
transaction LPRO Common Stock, par value $0.01 per share Options Exercise $0 +75,000 +408% $0.000000 93,390 06 May 2023 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $133,495 -18,262 -20% $7.31 75,128 06 May 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 -1,572 -0.23% $0.000000 669,255 05 May 2023 Common Stock, par value $0.01 per share 1,572 Direct F2, F3
transaction LPRO Restricted Stock Units Options Exercise $0 -75,000 -11% $0.000000 594,255 06 May 2023 Common Stock, par value $0.01 per share 75,000 Direct F2, F4
* 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 May 5, 2023.
F4 These restricted stock units vested on May 6, 2023.