Charles D. Jehl - 05 May 2024 Form 4 Insider Report for Open Lending Corp (LPRO)

Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
05 May 2024
Net transactions value
-$72,182
Form type
4
Filing time
07 May 2024, 21:19:54 UTC
Previous filing
16 Apr 2024
Next filing
07 Aug 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 +1,127 +0.66% $0.000000 172,539 05 May 2024 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $1,400 -274 -0.16% $5.11 172,265 05 May 2024 Direct
transaction LPRO Common Stock, par value $0.01 per share Options Exercise $0 +37,500 +22% $0.000000 209,765 06 May 2024 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $70,782 -13,508 -6.4% $5.24 196,257 06 May 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 -1,127 -0.13% $0.000000 845,215 05 May 2024 Common Stock, par value $0.01 per share 1,127 Direct F2, F3
transaction LPRO Restricted Stock Units Options Exercise $0 -37,500 -4.4% $0.000000 807,715 06 May 2024 Common Stock, par value $0.01 per share 37,500 Direct F2, 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 Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
F3 These restricted stock units vested on May 5, 2024.
F4 These restricted stock units vested on May 6, 2024.

Remarks:

Chief Financial Officer, Chief Operating Officer, and Interim Chief Executive Officer