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

Signature
/s/ Ben Massey, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
15 Mar 2024
Net transactions value
-$18,729
Form type
4
Filing time
19 Mar 2024, 18:43:54 UTC
Previous filing
08 Jan 2024
Next filing
09 Apr 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 +11,532 +59% $0.000000 30,968 15 Mar 2024 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $18,729 -2,808 -9.1% $6.67 28,160 15 Mar 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 -11,532 -11% $0.000000 97,451 15 Mar 2024 Common Stock, par value $0.01 per share 11,532 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