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Open Lending Corp — Director's Dealing 2020
Jul 23, 2020
33481_dirs_2020-07-23_b0748b70-e150-4f3d-8f6e-9fc761237285.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Open Lending Corp (LPRO)
CIK: 0001806201
Period of Report: 2020-07-21
Reporting Person: Yoon Gene (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-07-21 | Common Stock | J | 4039702 | — | Acquired | 18318306 | Indirect |
| 2020-07-21 | Common Stock | J | 7376 | — | Acquired | 33447 | 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 July 21, 2020.
F2: The securities reported herein are held directly by Bregal Sagemount I, L.P. The Reporting Person is the managing director of Bregal Investments, Inc., which is the registered investment advisor of Bregal Sagemount I, L.P. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 of the Securities Exchange Act of 1934 or any other purposes.
F3: The securities reported herein are held directly by Bregal Investments, Inc. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 of the Securities Exchange Act of 1934 or any other purposes.