Upstart Holdings, Inc. — Director's Dealing 2021

Nov 17, 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: Loeb Daniel S (10% Owner, See Footnote (1))
Reporting Person: Third Point LLC (10% Owner, See Footnote (1))

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Common Stock	S	4714	$233.4459	Disposed	12395286	Indirect
2021-11-15	Common Stock	S	38064	$234.2172	Disposed	12357222	Indirect
2021-11-15	Common Stock	S	1519776	$235.0032	Disposed	10837446	Indirect
2021-11-15	Common Stock	S	12796	$236.2041	Disposed	10824650	Indirect
2021-11-15	Common Stock	S	4750	$237.1255	Disposed	10819900	Indirect
2021-11-15	Common Stock	S	14632	$238.3103	Disposed	10805268	Indirect
2021-11-15	Common Stock	S	29841	$239.2916	Disposed	10775427	Indirect
2021-11-15	Common Stock	S	33410	$240.0965	Disposed	10742017	Indirect
2021-11-15	Common Stock	S	42736	$241.5099	Disposed	10699281	Indirect
2021-11-15	Common Stock	S	45073	$242.2747	Disposed	10654208	Indirect
2021-11-15	Common Stock	S	4208	$243.0371	Disposed	10650000	Indirect
2021-11-15	Common Stock	S	232	$245.6581	Disposed	10649768	Indirect
2021-11-15	Common Stock	S	28771	$246.3035	Disposed	10620997	Indirect
2021-11-15	Common Stock	S	26905	$247.1428	Disposed	10594092	Indirect
2021-11-15	Common Stock	S	6184	$248.0824	Disposed	10587908	Indirect
2021-11-15	Common Stock	S	1173	$248.8131	Disposed	10586735	Indirect
2021-11-15	Common Stock	S	96530	$250.2912	Disposed	10490205	Indirect
2021-11-15	Common Stock	S	45432	$251.0488	Disposed	10444773	Indirect
2021-11-15	Common Stock	S	72129	$252.3239	Disposed	10372644	Indirect
2021-11-15	Common Stock	S	51107	$253.2335	Disposed	10321537	Indirect
2021-11-15	Common Stock	S	38933	$254.3176	Disposed	10282604	Indirect
2021-11-15	Common Stock	S	10247	$255.1784	Disposed	10272357	Indirect
2021-11-15	Common Stock	S	2861	$255.917	Disposed	10269496	Indirect
2021-11-15	Common Stock	S	782	$257.4986	Disposed	10268714	Indirect
2021-11-15	Common Stock	S	8519	$258.1806	Disposed	10260195	Indirect
2021-11-15	Common Stock	S	1655	$259.1326	Disposed	10258540	Indirect
2021-11-15	Common Stock	S	280	$260.6939	Disposed	10258260	Indirect
2021-11-15	Common Stock	S	8260	$261.163	Disposed	10250000	Indirect

Footnotes

F1: The shares of Common Stock, par value $0.0001 per share of the Issuer (the "Common Stock") set forth herein are held by or on behalf of certain funds (the "Funds") managed or advised by Third Point LLC ("Third Point"). Daniel S. Loeb is the Chief Executive Officer of Third Point. By reason of the provisions of Rule 13d-3 under the Securities Exchange Act of 1934, as amended, Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds. Third Point and Mr. Loeb hereby disclaim beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $232.73 to $233.72, inclusive. The Reporting Persons undertake 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 this footnote 2 to this Form 4.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $233.73 to $234.72, inclusive. The Reporting Persons undertake 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 this footnote 3 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 $234.73 to $235.72, inclusive. The Reporting Persons undertake 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 this footnote 4 to this Form 4.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $235.73 to $236.72, inclusive. The Reporting Persons undertake 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 this footnote 5 to this Form 4.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $236.73 to $237.72, inclusive. The Reporting Persons undertake 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 this footnote 6 to this Form 4.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.73 to $238.72, inclusive. The Reporting Persons undertake 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 this footnote 7 to this Form 4.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.73 to $239.72, inclusive. The Reporting Persons undertake 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 this footnote 8 to this Form 4.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.73 to $240.72, inclusive. The Reporting Persons undertake 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 this footnote 9 to this Form 4.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.73 to $241.72, inclusive. The Reporting Persons undertake 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 this footnote 10 to this Form 4.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.73 to $242.72, inclusive. The Reporting Persons undertake 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 this footnote 11 to this Form 4.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.73 to $243.72, inclusive. The Reporting Persons undertake 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 this footnote 12 to this Form 4.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.73 to $245.72, inclusive. The Reporting Persons undertake 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 this footnote 13 to this Form 4.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.73 to $246.72, inclusive. The Reporting Persons undertake 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 this footnote 14 to this Form 4.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.73 to $247.72, inclusive. The Reporting Persons undertake 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 this footnote 15 to this Form 4.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.73 to $248.72, inclusive. The Reporting Persons undertake 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 this footnote 16 to this Form 4.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.73 to $249.72, inclusive. The Reporting Persons undertake 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 this footnote 17 to this Form 4.

F18: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.73 to $250.72, inclusive. The Reporting Persons undertake 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 this footnote 18 to this Form 4.

F19: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.73 to $251.72, inclusive. The Reporting Persons undertake 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 this footnote 19 to this Form 4.

F20: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.73 to $252.72, inclusive. The Reporting Persons undertake 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 this footnote 20 to this Form 4.

F21: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.73 to $253.72, inclusive. The Reporting Persons undertake 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 this footnote 21 to this Form 4.

F22: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.73 to $254.72, inclusive. The Reporting Persons undertake 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 this footnote 22 to this Form 4.

F23: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.73 to $255.72, inclusive. The Reporting Persons undertake 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 this footnote 23 to this Form 4.

F24: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.73 to $256.72, inclusive. The Reporting Persons undertake 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 this footnote 24 to this Form 4.

F25: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.73 to $257.72, inclusive. The Reporting Persons undertake 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 this footnote 25 to this Form 4.

F26: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.73 to $258.72, inclusive. The Reporting Persons undertake 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 this footnote 26 to this Form 4.

F27: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.73 to $259.72, inclusive. The Reporting Persons undertake 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 this footnote 27 to this Form 4.

F28: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.73 to $260.72, inclusive. The Reporting Persons undertake 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 this footnote 28 to this Form 4.

F29: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.73 to $261.58, inclusive. The Reporting Persons undertake 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 this footnote 29 to this Form 4.