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Filing Details

Accession Number:: 0001628280-23-004881
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-02-23 17:07:39
Reporting Period:: 2023-02-21

Accepted Time:: 2023-02-23 17:07:39
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1647639	Upstart Holdings Inc.	UPST	Finance Services (6199)	464332431

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1832805	Dave Girouard	C/O Upstart Holdings, Inc. 2950 S. Delaware Street, Suite 300 San Mateo CA 94403	Chief Executive Officer	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2023-02-21	4,048	$18.14	83,066	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	8,342,701	Indirect	See Footnote
Common Stock	1,000,000	Indirect	See Footnote
Common Stock	252,114	Indirect	See Footnote

Footnotes

These shares were sold to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs).
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.31. 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.
The number of shares held (i) includes 40 shares of Common Stock received pursuant to a pro rata distribution in April 2022 from Kleiner Perkins Caufield & Byers XV, LLC, of which theReporting Person is a member, and which acquisition was exempt pursuant to Rule 16a-9, and (ii)reflects the transfer, in April 2022, of 40 shares of Common Stock from the Reporting Person to the 2008 D&T Girouard Revocable Trust, for which the Reporting Person serves as Trustee (the"Girouard Revocable Trust").
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.
The number of shares held reflects the transfer, on May 23, 2022, of 1,000,000 shares of common stock from the Girouard Revocable Trust, to the DTG GRAT LLC. dated May 23 2022, for which the reporting person serves as manager (the "DTG GRAT").
The number of shares held reflects the transfer, in April of 2022, of 40 shares of Common Stock from the Reporting Person to the Girouard Revocable Trust.
The number of shares held reflects the transfer, on February 3, 2022, of 698,475 shares of Common Stock from David J. Girouard, as trustee of the Girouard 2020 GRAT dated October 19, 2020 (the "2020 GRAT"), to the Girouard Revocable Trust.
These shares are held by the Girouard Revocable Trust.
These shares are held by the DTG GRAT.
These shares are held by the 2020 GRAT.