Nicoll Alison 4
4 · Upstart Holdings, Inc. · Filed Jun 28, 2022
Insider Transaction Report
Form 4
Nicoll Alison
General Counsel
Transactions
- Exercise/Conversion
Common Stock
2022-06-24$0.60/sh+7,500$4,500→ 420,483 total - Exercise/Conversion
Common Stock
2022-06-24$1.17/sh+7,500$8,775→ 427,983 total - Sale
Common Stock
2022-06-24$40.31/sh−15,000$604,577→ 412,983 total - Exercise/Conversion
Employee Stock Option (Right to buy)
2022-06-24−7,500→ 0 totalExercise: $0.60Exp: 2025-01-14→ Common Stock (7,500 underlying) - Exercise/Conversion
Employee Stock Option (Right to buy)
2022-06-24−7,500→ 117,500 totalExercise: $1.17Exp: 2025-12-18→ Common Stock (7,500 underlying)
Footnotes (4)
- [F1]The option exercises and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 25, 2021.
- [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]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 $40.99. 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 this range.
- [F4]All of the shares subject to this option are fully vested and exercisable as of the date hereof.