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Open Lending Corp — Director's Dealing 2021
Nov 10, 2021
33481_dirs_2021-11-09_b0906afc-fafd-486b-93f8-c9b4c5fbadb3.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: 2021-11-05
Reporting Person: Jessup Ross M. (Director, See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-05 | Common Stock | M | 6889 | — | Acquired | 3543978 | Direct |
| 2021-11-05 | Common Stock | F | 2033 | $33.94 | Disposed | 3541945 | Direct |
| 2021-11-05 | Common Stock | S | 5250 | $35.05 | Disposed | 3536695 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-05 | Restricted Stock Units | $ | M | 6889 | Disposed | Common Stock (6889.0) | Direct |
Footnotes
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.