John Joseph Flynn - May 24, 2023 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Director
Signature
/s/ Matthew Stark, as Attorney-in-Fact
Stock symbol
LPRO
Transactions as of
May 24, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 04:20 PM
Previous filing
Nov 15, 2022
Next filing
Jun 23, 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 +13.5K +0.51% $0.00 2.68M May 24, 2023 Direct
holding LPRO Common Stock, par value $0.01 per share 308K May 24, 2023 Held by Flynn Family GST Irrevocable Trust

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 -13.5K -100% $0.00* 0 May 24, 2023 Common Stock, par value $0.01 per share 13.5K Direct F1, F2
transaction LPRO Restricted Stock Units Award $0 +10.2K $0.00 10.2K May 24, 2023 Common Stock, par value $0.01 per share 10.2K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
F2 The restricted stock units vested on May 24, 2023.
F3 These restricted stock units will vest on the earlier of (i) May 24, 2024 and (ii) the next annual meeting of the Issuer's stockholders following the date of the grant.