Filing Details
- Accession Number:
- 0001209191-21-037970
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-06-03 20:04:12
- Reporting Period:
- 2021-06-01
- Accepted Time:
- 2021-06-03 20:04:12
- 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., 475 Brannan Street, Suite 430 San Francisco CA 94107 | 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 | 2021-06-01 | 4,069 | $0.00 | 17,021 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2021-06-01 | 12,952 | $47.86 | 4,069 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-06-02 | 5,000 | $3.67 | 9,069 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-06-02 | 5,000 | $48.10 | 4,069 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2021-06-03 | 10,000 | $3.67 | 14,069 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-06-03 | 10,000 | $47.38 | 4,069 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| 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 | 2021-06-02 | 5,000 | $0.00 | 5,000 | $3.67 |
| Common Stock | Director Stock Option (right to buy) | Disposition | 2021-06-03 | 10,000 | $0.00 | 10,000 | $3.67 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 310,000 | 2025-02-28 | No | 4 | M | Direct | |
| 300,000 | 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
- Represents an award of RSUs. The RSUs vest 100% on the earlier of (a) the date immediately prior to the Issuer's 2022 annual meeting of stockholders and (b) June 1, 2022, in each case subject to the continuing service of the Reporting Person through such date.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.64 to $48.06 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.92 to $48.33 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.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.17 to $47.73 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.
- The option is fully vested and exercisable.
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