Filing Details
- Accession Number:
- 0001562180-24-006904
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-09-20 19:01:57
- Reporting Period:
- 2024-09-18
- Accepted Time:
- 2024-09-20 19:01:57
- 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. 530 Lytton Avenue, Suite 301 Palo Alto CA 94301 | No | 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 | 2024-09-18 | 75,000 | $3.67 | 123,915 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-09-18 | 75,000 | $10.54 | 48,915 | 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 | Stock Option (Right to Buy) | Disposition | 2024-09-18 | 75,000 | $0.00 | 75,000 | $3.67 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 150,000 | 2025-02-25 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 384,096 | Indirect | See Footnote |
Footnotes
- This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 25, 2024, which plan exclusively includes shares covered by a fully vested stock option expiring on February 25, 2025.
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.38 to $10.87 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of theSecurities 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.
- Shares are held by a trust for the benefit of the Reporting Person and her spouse.
- The option is fully vested and exercisable.
Billionaire Hedge Funds
