Filing Details

Accession Number:
0001209191-20-060568
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-25 17:30:08
Reporting Period:
2020-11-23
Accepted Time:
2020-11-25 17:30:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1627475 Upwork Inc. UPWK Services-Prepackaged Software (7372) DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1198788 A Elizabeth Nelson C/O Upwork Inc.
2625 Augustine Drive, Suite 601
Santa Clara CA 95054
Yes No No 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 Acquisiton 2020-11-23 25,000 $3.67 54,626 No 4 M Direct
Common Stock Disposition 2020-11-23 41,674 $35.15 12,952 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Director Stock Option (right to buy) Disposition 2020-11-23 25,000 $0.00 25,000 $3.67
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
315,000 2025-02-28 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 380,027 Indirect Held directly by the Nelson Family Trust
Footnotes
  1. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.31 per share, inclusive. 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 written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. The option is fully vested and exercisable.