Filing Details

Accession Number:
0001209191-19-049836
Form Type:
4/A
Zero Holdings:
No
Publication Time:
2019-09-17 16:22:43
Reporting Period:
2019-08-08
Accepted Time:
2019-09-17 16:22:43
Original Submission Date:
2019-08-12
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
1091435 Mitchell Lasky 2965 Woodside Road
Woodside CA 94062
No No Yes No
1183234 Robert Kagle 2965 Woodside Road
Woodside CA 94062
No No Yes No
1190191 William J Gurley 2965 Woodside Road
Woodside CA 94062
No No Yes No
1190192 Alexandre Balkanski 2965 Woodside Road
Woodside CA 94062
No No Yes No
1190193 M Steven Spurlock 2965 Woodside Road
Woodside CA 94062
No No Yes No
1190211 Bruce Dunlevie 2965 Woodside Road
Woodside CA 94062
No No Yes No
1219230 H Peter Fenton 2965 Woodside Road
Woodside CA 94062
No 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 2019-08-08 3,000,000 $0.00 9,852,570 No 4 J Indirect See footnote
Common Stock Acquisiton 2019-08-08 31,971 $0.00 31,971 No 4 J Indirect See footnote
Common Stock Disposition 2019-08-09 1,517 $15.77 30,454 No 4 S Indirect See footnote
Common Stock Acquisiton 2019-08-08 113,272 $0.00 113,272 No 4 J Indirect See footnote
Common Stock Acquisiton 2019-08-08 16,305 $0.00 16,305 No 4 J Indirect See footnote
Common Stock Acquisiton 2019-08-08 106,285 $0.00 106,285 No 4 J Indirect See footnote
Common Stock Disposition 2019-08-09 70,608 $15.40 35,677 No 4 S Indirect See footnote
Common Stock Acquisiton 2019-08-08 38,820 $0.00 38,820 No 4 J Indirect See footnote
Common Stock Disposition 2019-08-09 25,789 $15.40 13,031 No 4 S Indirect See footnote
Common Stock Acquisiton 2019-08-08 120,118 $0.00 120,118 No 4 J Indirect See footnote
Common Stock Disposition 2019-08-09 6,069 $15.77 114,049 No 4 S Indirect See footnote
Common Stock Acquisiton 2019-08-08 126,485 $0.00 126,485 No 4 J Indirect See footnote
Common Stock Disposition 2019-08-09 6,069 $15.77 120,416 No 4 S Indirect See footnote
Common Stock Acquisiton 2019-08-08 1,398 $0.00 1,398 No 4 J Indirect See footnote
Common Stock Acquisiton 2019-08-08 121,813 $0.00 121,813 No 4 J Indirect See footnote
Common Stock Acquisiton 2019-08-08 56,365 $0.00 56,365 No 4 J Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 S Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 S Indirect See footnote
No 4 J Indirect See footnote
No 4 S Indirect See footnote
No 4 J Indirect See footnote
No 4 S Indirect See footnote
No 4 J Indirect See footnote
No 4 S Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
No 4 J Indirect See footnote
Footnotes
  1. Represents a pro-rata, in-kind distribution by BCP V and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
  2. Shares are held directly by Benchmark Capital Partners V, L.P. ("BCP V"), as nominee for BCP V, Benchmark Founders' Fund V, L.P. ("BFF V"), Benchmark Founders' Fund V-A, L.P. ("BFF V-A"), Benchmark Founders' Fund V-B, L.P. ("BFF V-B") and related persons. Benchmark Capital Management Co. V, L.L.C. ("BCMC V"), the general partner of BCP V, BFF V, BFF V-A and BFF V-B, may be deemed to have sole voting and dispositive power over such shares. Alexandre Balkanski, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Robert C. Kagle, Mitchell H. Lasky and Steven M. Spurlock, the managing members of BCMC V, may be deemed to share voting and dispositive power over these shares. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities).
  3. Shares are held by Steven M. Spurlock's family trust.
  4. The price reported in Column 4 is a weighed average price. These shares were sold in multiple transactions at prices ranging from $15.51 to $16.00, 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. Shares are held by Alexandre Balkanski's family trust.
  6. Shares are held by a limited partnership controlled by Alexandre Balkanski.
  7. Shares are held by Bruce W. Dunlevie's family trust.
  8. The price reported in Column 4 is a weighed average price. These shares were sold in multiple transactions at prices ranging from $15.04 to $16.01, 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 request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  9. Shares are held by a limited partnership controlled by Bruce W. Dunlevie.
  10. Shares are held by Peter H. Fenton's trust.
  11. Shares are held by J. William Gurley's trust.
  12. Shares are held by a limited partnership controlled by J. William Gurley.
  13. Shares are held by Robert C. Kagle.
  14. Shares are held by Mitchell H. Lasky's family trust.