Charles D. Jehl - 19 Oct 2024 Form 4 Insider Report for Open Lending Corp (LPRO)

Signature
/s/ Matthew Stark, as Attorney-in-Fact
Issuer symbol
LPRO
Transactions as of
19 Oct 2024
Net transactions value
-$246,729
Form type
4
Filing time
22 Oct 2024, 17:35:55 UTC
Previous filing
07 Aug 2024
Next filing
18 Mar 2025

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 +109,810 +56% $0.000000 306,752 19 Oct 2024 Direct F1
transaction LPRO Common Stock, par value $0.01 per share Tax liability $246,729 -43,210 -14% $5.71 263,542 19 Oct 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 -109,810 -14% $0.000000 696,777 19 Oct 2024 Common Stock, par value $0.01 per share 109,810 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 October 19, 2024.

Remarks:

Chief Executive Officer and Interim Chief Financial Officer