Form 4 for UPST Upstart Holdings, Inc.
Accepted 2022-02-23 00:00:00 ET · period of report 2022-02-20 · accession 0001628280-22-003595 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-23 | 2022-02-20 | UPST | Mirgorodskaya Natalia | Corp. Ctrl | A - Grant | $0.00 | +3,777 | 26.5K | +17% | $0 |
| D | 2022-02-23 | 2022-02-23 | UPST | Mirgorodskaya Natalia | Corp. Ctrl | S - Sale | $116.68 | -208 | 26.2K | -0.8% | -$24.3K |
| DM | 2022-02-23 | 2022-02-20 | UPST | Mirgorodskaya Natalia | Corp. Ctrl | A - Grant | $0.00 | +2,770 | 979 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-20 | A | A | 1,335 | $0.00 | 24,015 | D | — | — | (F1) These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 1/11th of the RSUs shall vest on May 20, 2022 and at the end of each successive three-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date. (F3) Includes 210 shares acquired on February 15, 2022 under the Issuer's 2020 Employee Stock Purchase Plan. (F2) Certain of these securities are 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. |
| 2 | Common | Common Stock | 2022-02-23 | S | D | 208 | $116.68 | 26,249 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.54 to $116.70. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. (F2) Certain of these securities are 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. |
| 3 | Common | Common Stock | 2022-02-20 | A | A | 2,442 | $0.00 | 26,457 | D | — | — | (F4) These securities are RSUs. Each RSU represents a contingent right to receive one share of Common Stock. 1/4th of the RSUs shall vest on February 20, 2025 and at the end of each successive three-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date. (F2) Certain of these securities are 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. |
| 4 | Derivative | Employee Stock Option (Right to buy) | 2022-02-20 | A | A | 1,791 | $0.00 | 1,791 | D | $130.05 · — to 2032-02-20 | 1,791 Common Stock | (F8) 1/12th of the shares subject to the option shall vest on December 20, 2024 and at the end of each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date. |
| 5 | Derivative | Employee Stock Option (Right to buy) | 2022-02-20 | A | A | 979 | $0.00 | 979 | D | $130.05 · — to 2032-02-20 | 979 Common Stock | (F7) 1/33rd of the shares subject to the option shall vest on March 20, 2022 and at the end of each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider througheach such date. |