Upstart Holdings, Inc. — Director's Dealing 2021

Nov 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Upstart Holdings, Inc. (UPST)
CIK: 0001647639
Period of Report: 2021-11-15

Reporting Person: Hentges Mary (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Common Stock	M	30000	$3.89	Acquired	31491	Direct
2021-11-15	Common Stock	S	639	$237.9413	Disposed	30852	Direct
2021-11-15	Common Stock	S	1569	$238.9305	Disposed	29283	Direct
2021-11-15	Common Stock	S	8012	$240.052	Disposed	21271	Direct
2021-11-15	Common Stock	S	1893	$241.0599	Disposed	19378	Direct
2021-11-15	Common Stock	S	896	$242.1094	Disposed	18482	Direct
2021-11-15	Common Stock	S	1025	$243.6897	Disposed	17457	Direct
2021-11-15	Common Stock	S	2052	$246.2703	Disposed	15405	Direct
2021-11-15	Common Stock	S	2017	$247.4252	Disposed	13388	Direct
2021-11-15	Common Stock	S	1609	$248.3305	Disposed	11779	Direct
2021-11-15	Common Stock	S	903	$249.4521	Disposed	10876	Direct
2021-11-15	Common Stock	S	2486	$250.2752	Disposed	8390	Direct
2021-11-15	Common Stock	S	1944	$251.2093	Disposed	6446	Direct
2021-11-15	Common Stock	S	900	$252.4469	Disposed	5546	Direct
2021-11-15	Common Stock	S	1798	$253.608	Disposed	3748	Direct
2021-11-15	Common Stock	S	755	$254.5144	Disposed	2993	Direct
2021-11-15	Common Stock	S	330	$256.0377	Disposed	2663	Direct
2021-11-15	Common Stock	S	201	$257.6126	Disposed	2462	Direct
2021-11-15	Common Stock	S	514	$258.463	Disposed	1948	Direct
2021-11-15	Common Stock	S	297	$260	Disposed	1651	Direct
2021-11-15	Common Stock	S	160	$261.58	Disposed	1491	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-15	Stock Option (Right to buy)	$3.89	M	30000	Disposed	2029-12-06	Common Stock (30000.0)	Direct

Footnotes

F1: The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 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 $237.47 to $238.42. 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 ranges set forth in footnotes (3) through (20) to this Form 4.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.47 to $239.435.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.47 to $240.445.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.695 to $241.63.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.805 to $242.49.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.34 to $244.26.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.765 to $246.75.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.83 to $247.80.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.85 to $248.80.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.85 to $249.84.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.90 to $250.85.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.90 to $251.75.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.08 to $253.04.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.09 to $253.99.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.11 to $255.05.

F18: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.505 to $256.375.

F19: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.245 to $258.13.

F20: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.45 to $259.38.

F21: This option, originally for 128,295 shares, of which 30,000 shares have been exercised, vested as to one twenty-fourth of the shares on February 1, 2020 and one twenty-fourth of the shares subject to the option vest each month thereafter, subject to the Reporting Person continuing as a service provider through each such date.