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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/12/24 |
Not Subject to Section 16: 0 |
Issuer: |
| Issuer CIK: 1806201 |
| Issuer Name: Open Lending Corp |
| Issuer Trading Symbol: LPRO |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1417022 |
| | Owner Name: Jehl Charles D |
| Reporting Owner Address: |
| | Owner Street 1: C/O OPEN LENDING CORPORATION |
| | Owner Street 2: 1501 S. MOPAC EXPRESSWAY, SUITE 450 |
| | Owner City: AUSTIN |
| | Owner State: TX |
| | Owner ZIP Code: 78746 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: See Remarks |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.01 per share |
| | Transaction Date: |
| | | Value: 4/12/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,655 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 172,545 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock, par value $0.01 per share |
| | Transaction Date: |
| | | Value: 4/12/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,133 |
| | | Transaction Price Per Share: |
| Value: 5.09 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 171,412 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F2 |
| | Transaction Date: |
| | | Value: 4/12/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 4,655 |
| | | Transaction Price Per Share: |
| Value: 0 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock, par value $0.01 per share |
| | | Underlying Security Shares: |
| Value: 4,655 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 846,342 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: Reflects restricted stock units that upon vesting converted into shares of LPRO common stock. |
| Footnote - F2: Each restricted stock unit represents a contingent right to receive one share of LPRO common stock. |
| Footnote - F3: These restricted stock units vested on April 12, 2024. |
Remarks: Chief Financial Officer, Chief Operating Officer, and Interim Chief Executive Officer |
Owner Signature: |
| Signature Name: /s/ Matthew Stark, as Attorney-in-Fact |
| Signature Date: 4/16/24 |