Form 4 for UPST Upstart Holdings, Inc.
Accepted 2022-05-17 00:00:00 ET · period of report 2022-05-13 · accession 0001628280-22-014689 · 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 | 2022-05-17 | 2022-05-13+ | UPST | Nicoll Alison | GC, Sec | M - OptEx | $3.07 | +88.4K | 267.0K | +49% | +$271.6K |
| D | 2022-05-17 | 2022-05-16 | UPST | Nicoll Alison | GC, Sec | S - Sale+OE | $40.09 | -600 | 274.2K | -0.2% | -$24.1K |
| DM | 2022-05-17 | 2022-05-13+ | UPST | Nicoll Alison | GC, Sec | M - OptEx | $0.00 | -88.4K | 117.8K | -43% | $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 | 2022-05-13 | M | A | 59,950 | $2.15 | 246,317 | D | — | — | (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. |
| 2 | Common | Common Stock | 2022-05-13 | M | A | 17,495 | $3.80 | 263,812 | D | — | — | |
| 3 | Common | Common Stock | 2022-05-16 | S | D | 600 | $40.09 | 274,155 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.00 to $40.22. 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. |
| 4 | Common | Common Stock | 2022-05-13 | M | A | 7,190 | $8.88 | 274,155 | D | — | — | |
| 5 | Common | Common Stock | 2022-05-16 | M | A | 600 | $0.6 | 274,755 | D | — | — | |
| 6 | Common | Common Stock | 2022-05-13 | M | A | 3,153 | $3.80 | 266,965 | D | — | — | |
| 7 | Derivative | Employee Stock Option (Right to buy) | 2022-05-16 | M | D | 600 | $0.00 | 44,400 | D | $0.6 · — to 2025-01-14 | 600 Common Stock | (F4) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |
| 8 | Derivative | Employee Stock Option (Right to buy) | 2022-05-13 | M | D | 3,153 | $0.00 | 21,847 | D | $3.80 · — to 2029-03-29 | 3,153 Common Stock | (F4) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |
| 9 | Derivative | Employee Stock Option (Right to buy) | 2022-05-13 | M | D | 17,495 | $0.00 | 82,505 | D | $3.80 · — to 2029-03-29 | 17,495 Common Stock | (F4) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |
| 10 | Derivative | Employee Stock Option (Right to buy) | 2022-05-13 | M | D | 59,950 | $0.00 | 0 | D | $2.15 · — to 2027-12-18 | 59,950 Common Stock | (F4) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |
| 11 | Derivative | Employee Stock Option (Right to buy) | 2022-05-13 | M | D | 7,190 | $0.00 | 117,810 | D | $8.88 · — to 2030-01-31 | 7,190 Common Stock | (F5) This option, originally for 125,000 shares, of which 7,190 shares have been exercised, vested as to one-twelfth of the shares on February 1, 2022 and one-twelfth of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date. |