Form 4 for UPST Upstart Holdings, Inc.
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001628280-24-005568 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-02-20 | 2024-02-15 | UPST | Gu Paul | Chief Technology Offier, Dir | M - OptEx | $0.6 | +30.0K | 878.8K | +4% | +$18.0K |
| D | 2024-02-20 | 2024-02-15 | UPST | Gu Paul | Chief Technology Offier, Dir | S - Sale+OE | $26.50 | -30.0K | 848.8K | -3% | -$795.0K |
| D | 2024-02-20 | 2024-02-15 | UPST | Gu Paul | Chief Technology Offier, Dir | M - OptEx | $0.00 | -30.0K | 120.0K | -20% | $0 |
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-02-15 | M | A | 30,000 | $0.6 | 878,818 | D | — | — | (F2) 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. (F3) Includes 755 shares acquired on February 15, 2024 under the Issuer's 2020 Employee Stock Purchase Plan. |
| 2 | Common | Common Stock | 2024-02-15 | S | D | 30,000 | $26.50 | 848,818 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.27 to $26.95. 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. |
| 3 | Derivative | Employee Stock Option (Right to buy) | 2024-02-15 | M | D | 30,000 | $0.00 | 120,000 | D | $0.6 · — to 2025-01-14 | 30,000 Common Stock | (F5) All of the shares subject to this option are fully vested and exercisable as of the date hereof. |