Matthew Stark - 19 Oct 2023 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
EVP and General Counsel
Signature
/s/ Matthew Stark
Issuer symbol
LPRO
Transactions as of
19 Oct 2023
Net transactions value
-$28,697
Form type
4
Filing time
23 Oct 2023, 19:34:15 UTC
Previous filing
17 Mar 2023
Next filing
08 Jan 2024
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 +18,301 +655% $0.000000 21,096 19 Oct 2023 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $28,697 -4,456 -21% $6.44 16,640 19 Oct 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 -18,301 -14% $0.000000 112,957 19 Oct 2023 Common Stock, par value $0.01 per share 18,301 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 October 19, 2023.