Form 4 for UPST Upstart Holdings, Inc.
Accepted 2024-03-04 00:00:00 ET · period of report 2024-02-29 · accession 0001628280-24-008641 · 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 | 2024-03-04 | 2024-02-29 | UPST | Darling Scott | CLO | A - Grant | $0.00 | +30.6K | 204.4K | +18% | $0 |
| D | 2024-03-04 | 2024-02-29 | UPST | Darling Scott | CLO | A - Grant | $0.00 | +58.1K | 58.1K | 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 | 2024-02-29 | A | A | 30,601 | $0.00 | 204,376 | D | — | — | (F1) These shares are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 2.5% of the RSUs shall vest on May 20, 2026 and each successive three-month period thereafter for 12 months, 13.75% of the RSUs shall vest on May 20, 2027 and each successive three-month period thereafter for 12 months, and 8.75% of the RSUs shall vest on May 20, 2028 and each successive three-month period thereafter for 12 months, 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. |
| 2 | Derivative | Employee Stock Option (Right to buy) | 2024-02-29 | A | A | 58,141 | $0.00 | 58,141 | D | $25.75 · — to 2034-02-28 | 58,141 Common Stock | (F3) 0.83% of the shares subject to the option shall vest on March 20, 2026 and each successive one-month period for 12 months; 4.58% of the shares subject to the option shall vest on March 20, 2027 and each successive one-month period for 12 months, and 2.92% of the shares subject to the option shall vest on March 20, 2028 and each successive one-month period for 12 months, subject to the Reporting Person continuing as a service provider through each such date. |