Filing Details

Accession Number:
0000899243-20-034106
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-16 16:15:20
Reporting Period:
2020-12-14
Accepted Time:
2020-12-16 16:15:20
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1806201 Open Lending Corp LPRO Personal Credit Institutions (6141) 823008583
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1814482 Gene Yoon C/O Bregal Investments, Inc.
277 Park Avenue, 29Th Floor
New York NY 10172
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2020-12-14 605,195 $26.88 19,732,962 No 4 D Indirect See Footnote
Common Stock Disposition 2020-12-14 4,826,933 $26.88 14,906,029 No 4 S Indirect See Footnote
Common Stock Disposition 2020-12-14 1,105 $26.88 36,030 No 4 D Indirect See Footnote
Common Stock Disposition 2020-12-14 8,814 $26.88 27,216 No 4 S Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 D Indirect See Footnote
No 4 S Indirect See Footnote
No 4 D Indirect See Footnote
No 4 S Indirect See Footnote
Footnotes
  1. Represents shares sold to the Issuer by Bregal Sagemount I, L.P. ("Bregal Sagemount") on December 14, 2020 in connection with the Offering (as defined below) pursuant to the Stock Repurchase Agreement (the "Stock Repurchase Agreement"), dated December 7, 2020, between the Issuer, Bregal Sagemount, Bregal Investments (as defined below) and the other selling shareholders party thereto.
  2. The shares reported herein are held directly by Bregal Sagemount. The Reporting Person is the director of Bregal Investments, Inc. ("Bregal Investments"), which is the registered investment advisor of Bregal Sagemount. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 of the Securities Exchange Act of 1934 or any other purposes.
  3. Represents shares sold to the underwriters by Bregal Sagemount on December 14, 2020, pursuant to the Underwriting Agreement dated December 9, 2020, as described in the registration statement on Form S-1 filed with the SEC on December 7, 2020 (the "Offering").
  4. Represents shares sold to the Issuer by Bregal Investments on December 14, 2020 in connection with the Offering pursuant to the Stock Repurchase Agreement.
  5. The shares reported herein are held directly by Bregal Investments, Inc. The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that he is the beneficial owner of such shares for Section 16 of the Securities Exchange Act of 1934 or any other purposes.
  6. Represents shares sold to the underwriters by Bregal Investments on December 14, 2020, pursuant to the Offering.