Paul Gu - Nov 9, 2021 Form 4 Insider Report for Upstart Holdings, Inc. (UPST)

Role
SVP, Product and Data Science, Director
Signature
/s/ Christopher Ing, by power of attorney
Stock symbol
UPST
Transactions as of
Nov 9, 2021
Transactions value $
$67,500
Form type
4
Date filed
11/12/2021, 03:06 PM
Previous filing
Oct 29, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPST Common Stock Options Exercise $33.8K +25K +7.88% $1.35* 342K Nov 9, 2021 Direct F1
transaction UPST Common Stock Options Exercise $33.8K +25K +7.3% $1.35* 367K Nov 10, 2021 Direct F1

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 UPST Employee Stock Option (Right to buy) Options Exercise $0 -25K -27.78% $0.00 65K Nov 9, 2021 Common Stock 25K $1.35 Direct F2
transaction UPST Employee Stock Option (Right to buy) Options Exercise $0 -25K -38.46% $0.00 40K Nov 10, 2021 Common Stock 25K $1.35 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Certain of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock, subject to the applicable vesting schedule and conditions of each RSU.
F2 All of the shares subject to this option are fully vested and exercisable as of the date hereof.