Open Lending Corp — Director's Dealing 2020

Aug 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Open Lending Corp (LPRO)
CIK: 0001806201
Period of Report: 2020-08-11

Reporting Person: Bregal Sagemount I, L.P. (10% Owner)
Reporting Person: Bregal North America General Partner Jersey Ltd (10% Owner)
Reporting Person: Bregal Investments, Inc. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-11	Common Stock	J	2019851	—	Acquired	20338157	Direct
2020-08-11	Common Stock	J	3688	—	Acquired	37135	Indirect

Footnotes

F1: The shares of Common Stock of the Issuer reported on this Form 4 were issued pursuant to Section 2.03 of that certain Business Combination Agreement, dated as of January 5, 2020 (the "Earnout Rights"). The shares of the Issuer issued pursuant to the Earnout Rights were issued to the Reporting Person on August 11, 2020.

F2: Bregal Sagemount I, L.P. ("Bregal Sagemount"), is the record holder of the shares reported. Bregal North America General Partner Jersey Limited (the "General Partner") is the General Partner of Bregal Sagemount. Bregal Investments, Inc. ("Bregal Investments") is the registered investment advisor of Bregal Sagemount. Each of the General Partner and Bregal Investments disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 of the Securities Exchange Act of 1934 or any other purposes. The business address of Bregal Sagemount I, L.P. and Bregal North America General Partner Jersey Limited is Second Floor, Windward House La Route de la Liberation St. Helier, JE2 3BQ Jersey, Channel Islands. The business address of Bregal Investments, Inc. is 277 Park Avenue, 29th Floor New York, NY 10172.

F3: The shares reported are held directly by Bregal Investments. Each of Bregal Sagemount and the General Partner disclaims beneficial ownership of these shares except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that it is the beneficial owner of such shares for Section 16 of the Securities Exchange Act of 1934 or any other purposes.