Filing Details
- Accession Number:
- 0001628280-24-038064
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-21 18:03:13
- Reporting Period:
- 2024-08-19
- Accepted Time:
- 2024-08-21 18:03:13
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1647639 | Upstart Holdings Inc. | UPST | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1558259 | Scott Darling | C/O Upstart Holdings, Inc. 2950 S. Delaware Street, Suite 410 San Mateo CA 94403 | Chief Legal Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2024-08-19 | 15,000 | $13.22 | 208,060 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-08-19 | 15,000 | $40.00 | 193,060 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-08-19 | 9,000 | $40.00 | 184,060 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-08-20 | 567 | $40.16 | 183,493 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-08-20 | 6,503 | $38.34 | 176,990 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-08-20 | 120 | $38.94 | 176,870 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to buy) | Disposition | 2024-08-19 | 15,000 | $0.00 | 15,000 | $13.22 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 392,110 | 2032-12-31 | No | 4 | M | Direct |
Footnotes
- The option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 29, 2024.
- 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.
- Includes 567 shares acquired on August 15, 2024 under the Issuer's 2020 Employee Stock Purchase Plan.
- 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 $40.0125. 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 within the ranges set forth in footnotes (5) through (7) to this Form 4.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.15 to $40.17.
- These shares were sold to cover tax withholding obligations in connection with the vesting of RSUs.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $37.92 to $38.91.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.93 to $38.955.
- 1/48th of the shares subject to the option shall vest on January 20, 2023 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.
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