Upstart Holdings, Inc. — Director's Dealing 2022

Jan 7, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Upstart Holdings, Inc. (UPST)
CIK: 0001647639
Period of Report: 2022-01-04

Reporting Person: Gu Paul (Director, SVP, Product and Data Science)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-04	Common Stock	M	29208	$2.15	Acquired	446620	Direct
2022-01-04	Common Stock	M	12500	$3.80	Acquired	459120	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-04	Employee Stock Option (Right to buy)	$2.15	M	29208	Disposed	2027-12-18	Common Stock (29208.0)	Direct
2022-01-04	Employee Stock Option (Right to buy)	$3.8	M	12500	Disposed	2029-03-29	Common Stock (12500.0)	Direct

Footnotes

F1: 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.

F2: This option, originally for 200,000 shares, of which 69,208 shares have been exercised, vested as to one forty-eighth of the shares on February 1, 2018 and one forty-eighth 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.

F3: All of the shares subject to this option are fully vested and exercisable as of the date hereof.