Jessica E. Buss - 22 May 2024 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Director
Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
22 May 2024
Net transactions value
$0
Form type
4
Filing time
24 May 2024, 21:39:06 UTC
Previous filing
31 Jul 2023
Next filing
15 Apr 2025
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 +30,250 +482% $0.000000 36,520 22 May 2024 Direct F1, 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 -30,250 -100% $0.000000* 0 22 May 2024 Common Stock, par value $0.01 per share 30,250 Direct F3, F4
transaction LPRO Restricted Stock Units Award $0 +39,093 $0.000000 39,093 22 May 2024 Common Stock, par value $0.01 per share 39,093 Direct F3, F5
* 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 Since the date of the reporting person's last ownership report, she transferred 6,269 shares of LPRO common stock to her ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by her ex-spouse.
F3 Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
F4 These restricted stock units vested on May 22, 2024.
F5 These restricted stock units will vest on the earlier of (i) May 22, 2025 and (ii) the next annual meeting of the Issuer's stockholders following the date of the grant.