Jessup Ross M. 4
4 · Open Lending Corp · Filed Nov 9, 2021
Insider Transaction Report
Form 4
Jessup Ross M.
DirectorSee Remarks
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-11-05−6,889→ 20,668 total→ Common Stock (6,889 underlying) - Tax Payment
Common Stock
2021-11-05$33.94/sh−2,033$69,000→ 3,541,945 total - Exercise/Conversion
Common Stock
2021-11-05+6,889→ 3,543,978 total - Sale
Common Stock
2021-11-05$35.05/sh−5,250$184,012→ 3,536,695 total
Footnotes (5)
- [F1]Reflects restricted stock units that upon vesting converted into shares of LPRO common stock.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 13, 2021.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $35.00 to $35.18, inclusive. 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 range set forth in this footnote.
- [F4]Each restricted stock unit represents a contingent right to receive one share of LPRO common stock.
- [F5]These restricted stock units vested on November 5, 2021.