Keith Jezek - 07 Oct 2023 Form 4/A - Amendment Insider Report for Open Lending Corp (LPRO)

Role
Chief Executive Officer, Director
Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
07 Oct 2023
Net transactions value
-$572,983
Form type
4/A - Amendment
Filing time
07 Nov 2023, 18:21:24 UTC
Date Of Original Report
10 Oct 2023
Previous filing
17 Mar 2023
Next filing
09 Nov 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 +206,250 +103% $0.000000 406,250 07 Oct 2023 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $572,983 -81,159 -20% $7.06 325,091 07 Oct 2023 Direct F2

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 -206,250 -19% $0.000000 856,845 07 Oct 2023 Common Stock, par value $0.01 per share 206,250 Direct F3, 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 Reflects an additional 20,038 shares that have been withheld in connection with the reporting person's October 7, 2023 vesting event.
F3 Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
F4 These restricted stock units vested on October 7, 2023.

Remarks:

This Form 4/A amends and restates the original Form 4 filed by the reporting person on October 10, 2023 to reflect an additional 20,038 shares withheld in connection with the vesting of the restricted stock units reported therein.