John Joseph Flynn - May 22, 2024 Form 4 Insider Report for Open Lending Corp (LPRO)

Role
Director
Signature
/s/ Matthew Stark, as Attorney-in-Fact
Stock symbol
LPRO
Transactions as of
May 22, 2024
Transactions value $
$0
Form type
4
Date filed
5/24/2024, 09:39 PM
Previous filing
Mar 25, 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 +10.2K +0.51% $0.00 2M May 22, 2024 Direct F1
holding LPRO Common Stock, par value $0.01 per share 308K May 22, 2024 Held by Flynn Family GST Irrevocable Trust

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 -10.2K -100% $0.00* 0 May 22, 2024 Common Stock, par value $0.01 per share 10.2K Direct F2, F3
transaction LPRO Restricted Stock Units Award $0 +23.5K $0.00 23.5K May 22, 2024 Common Stock, par value $0.01 per share 23.5K 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 22, 2024.
F4 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.