Upstart Holdings, Inc. — Director's Dealing 2021

Nov 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Upstart Holdings, Inc. (UPST)
CIK: 0001647639
Period of Report: 2021-11-10

Reporting Person: Nicoll Alison (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-10	Common Stock	M	10435	$0.23	Acquired	24665	Direct
2021-11-10	Common Stock	M	12065	$0.23	Acquired	36730	Direct
2021-11-10	Common Stock	S	100	$242	Disposed	36630	Direct
2021-11-10	Common Stock	S	310	$243.1516	Disposed	36320	Direct
2021-11-10	Common Stock	S	400	$244.5316	Disposed	35920	Direct
2021-11-10	Common Stock	S	700	$245.5414	Disposed	35220	Direct
2021-11-10	Common Stock	S	500	$246.745	Disposed	34720	Direct
2021-11-10	Common Stock	S	900	$247.6033	Disposed	33820	Direct
2021-11-10	Common Stock	S	900	$248.3994	Disposed	32920	Direct
2021-11-10	Common Stock	S	700	$249.2929	Disposed	32220	Direct
2021-11-10	Common Stock	S	800	$250.9659	Disposed	31420	Direct
2021-11-10	Common Stock	S	600	$251.7058	Disposed	30820	Direct
2021-11-10	Common Stock	S	1200	$252.9154	Disposed	29620	Direct
2021-11-10	Common Stock	S	1565	$253.8798	Disposed	28055	Direct
2021-11-10	Common Stock	S	2180	$254.9445	Disposed	25875	Direct
2021-11-10	Common Stock	S	4564	$256.0224	Disposed	21311	Direct
2021-11-10	Common Stock	S	1481	$256.841	Disposed	19830	Direct
2021-11-10	Common Stock	S	700	$258.0929	Disposed	19130	Direct
2021-11-10	Common Stock	S	700	$259.2411	Disposed	18430	Direct
2021-11-10	Common Stock	S	400	$260.3908	Disposed	18030	Direct
2021-11-10	Common Stock	S	600	$261.5142	Disposed	17430	Direct
2021-11-10	Common Stock	S	500	$262.638	Disposed	16930	Direct
2021-11-10	Common Stock	S	1100	$263.7835	Disposed	15830	Direct
2021-11-10	Common Stock	S	400	$264.7438	Disposed	15430	Direct
2021-11-10	Common Stock	S	400	$265.8725	Disposed	15030	Direct
2021-11-10	Common Stock	S	500	$267.346	Disposed	14530	Direct
2021-11-10	Common Stock	S	200	$268.315	Disposed	14330	Direct
2021-11-10	Common Stock	S	100	$269.40	Disposed	14230	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-10	Employee Stock Option (Right to buy)	$0.23	M	10435	Disposed	2023-03-18	Common Stock (10435.0)	Direct
2021-11-10	Employee Stock Option (Right to buy)	$0.23	M	12065	Disposed	2023-05-23	Common Stock (12065.0)	Direct

Footnotes

F1: The option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 25, 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 $243.00 to $243.47. 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 (26) 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 $244.00 to $244.84.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.00 to $245.95.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.04 to $247.00.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.075 to $248.05.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.08 to $28.855.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.085 to $249.95.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.30 to $251.29.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.38 to $252.00.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $252.40 to $253.35.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.43 to $254.41.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $254.45 to $255.44.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $255.51 to $256.42.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.56 to $257.54.

F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.83 to $258.71.

F18: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.99 to $259.73.

F19: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.12 to $260.82.

F20: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.16 to $261.885.

F21: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.20 to $262.90.

F22: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $263.27 to $264.25.

F23: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $264.325 to $265.30.

F24: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $265.54 to $266.31.

F25: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $266.91 to $267.89.

F26: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $267.96 to $268.67.

F27: All of the shares subject to this option are fully vested and exercisable as of the date hereof.