Matthew Stark - Mar 15, 2024 Form 4 Insider Report for Open Lending Corp (LPRO)

Signature
/s/ Ben Massey, as Attorney-in-Fact
Stock symbol
LPRO
Transactions as of
Mar 15, 2024
Transactions value $
-$18,729
Form type
4
Date filed
3/19/2024, 06:43 PM
Previous filing
Jan 8, 2024
Next filing
Apr 9, 2024

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 +11.5K +59.33% $0.00 31K Mar 15, 2024 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability -$18.7K -2.81K -9.07% $6.67 28.2K Mar 15, 2024 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 -11.5K -10.58% $0.00 97.5K Mar 15, 2024 Common Stock, par value $0.01 per share 11.5K 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 March 15, 2024.

Remarks:

Chief Legal and Compliance Officer