Filing Details

Accession Number:
0001567619-19-021981
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-11-20 20:50:47
Reporting Period:
2019-11-18
Accepted Time:
2019-11-20 20:50:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1627475 Upwork Inc. UPWK Services-Computer Processing & Data Preparation (7374) 464337682
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1753419 Han-Shen Yuan C/O Upwork Inc.
2625 Augustine Drive, Suite 601
Santa Clara CA 95054
Svp, Engineering No Yes 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 2019-11-18 9,578 $3.68 12,911 No 4 M Direct
Common Stock Disposition 2019-11-18 9,578 $12.00 3,333 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 Employee Stock Option (Right to Buy) Disposition 2019-11-18 9,578 $0.00 9,578 $3.68
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
392,918 2027-09-25 No 4 M Direct
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  2. Includes 1,067 shares acquired under the Issuer's employee stock purchase plan on November 14, 2019.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.005 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.
  4. The stock option vested and became exercisable, and shall continue to vest and become exercisable, with respect to 1/60th of the shares each month following the September 26, 2017 vesting commencement date, subject to the continuing employment of the Reporting Person on each vesting date.