0001628280-24-008650.txt : 20240304
0001628280-24-008650.hdr.sgml : 20240304
20240304181320
ACCESSION NUMBER: 0001628280-24-008650
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240229
FILED AS OF DATE: 20240304
DATE AS OF CHANGE: 20240304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gu Paul
CENTRAL INDEX KEY: 0001832812
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39797
FILM NUMBER: 24717016
MAIL ADDRESS:
STREET 1: C/O UPSTART HOLDINGS, INC.
STREET 2: 2950 S. DELAWARE STREET, SUITE 300
CITY: SAN MATEO
STATE: CA
ZIP: 94403
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Upstart Holdings, Inc.
CENTRAL INDEX KEY: 0001647639
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 464332431
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2950 S. DELAWARE STREET, SUITE 300
CITY: SAN MATEO
STATE: CA
ZIP: 94403
BUSINESS PHONE: (650) 204-1000
MAIL ADDRESS:
STREET 1: 2950 S. DELAWARE STREET, SUITE 300
CITY: SAN MATEO
STATE: CA
ZIP: 94403
4
1
wk-form4_1709593981.xml
FORM 4
X0508
4
2024-02-29
0
0001647639
Upstart Holdings, Inc.
UPST
0001832812
Gu Paul
C/O UPSTART HOLDINGS, INC.
2950 S. DELAWARE STREET, SUITE 410
SAN MATEO
CA
94403
1
1
0
0
Chief Technology Offier
1
Common Stock
2024-02-29
4
A
0
61201
0
A
893596
D
Common Stock
2024-03-01
4
M
0
30000
0.60
A
923596
D
Common Stock
2024-03-01
4
S
0
28703
25.6366
D
894893
D
Common Stock
2024-03-01
4
S
0
1297
26.1569
D
893596
D
Employee Stock Option (Right to buy)
25.75
2024-02-29
4
A
0
116281
0
A
2034-02-28
Common Stock
116281
116281
D
Employee Stock Option (Right to buy)
0.60
2024-03-01
4
M
0
30000
0
D
2025-01-14
Common Stock
30000
90000
D
These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 1/16th of the RSUs shall vest on May 20, 2024 and at the end of each successive three month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.
Certain of these securities are 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.
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 May 26, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.08 to $26.05. 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 (4) and (5) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.09 to $26.22.
1/48th of the shares subject to the option shall vest on March 20, 2024 and each successive one-month period thereafter, subject to the Reporting Person continuing as a service provider through each such date.
All of the shares subject to this option are fully vested and exercisable as of the date hereof.
/s/ Cynthia Moon, by power of attorney
2024-03-04