John Joseph Flynn - 07 Aug 2023 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Director
Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
07 Aug 2023
Net transactions value
-$515,175
Form type
4
Filing time
09 Aug 2023, 18:20:12 UTC
Previous filing
25 Jul 2023
Next filing
23 Aug 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 $515,175 -50,000 -2% $10.30 2,479,666 07 Aug 2023 Direct
holding LPRO Common Stock, par value $0.01 per share 307,500 07 Aug 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).