Upstart Holdings, Inc. — Director's Dealing 2022

Dec 21, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Upstart Holdings, Inc. (UPST)
CIK: 0001647639
Period of Report: 2022-12-19

Reporting Person: Datta Sanjay (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-19	Common Stock	M	3200	$1.35	Acquired	260485	Direct
2022-12-19	Common Stock	S	3200	$15.38	Disposed	257285	Direct
2022-12-20	Common Stock	M	18300	$1.35	Acquired	275585	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-19	Employee Stock Option (Right to buy)	$1.35	M	3200	Disposed	2026-12-28	Common Stock (3200.0)	Direct
2022-12-20	Employee Stock Option (Right to buy)	$1.35	M	18300	Disposed	2026-12-28	Common Stock (18300.0)	Direct

Footnotes

F1: The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 30, 2022.

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