John Joseph Flynn - Jun 21, 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
Jun 21, 2023
Transactions value $
-$516,870
Form type
4
Date filed
6/23/2023, 04:49 PM
Previous filing
May 26, 2023
Next filing
Jul 11, 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 Sale -$517K -50K -1.87% $10.34 2.63M Jun 21, 2023 Direct F1
holding LPRO Common Stock, par value $0.01 per share 308K Jun 21, 2023 Held by Flynn Family GST Irrevocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 15, 2023.