MARRIOTT DAN 4
4 · Upwork Inc. · Filed May 31, 2019
Insider Transaction Report
Form 4
Upwork Inc.UPWK
MARRIOTT DAN
Director
Transactions
- Other
Common Stock
2019-05-29−386,811→ 2,654,823 total(indirect: Held directly by SG Growth Partners I, L.P.) - Other
Common Stock
2019-05-29+154,192→ 163,442 total
Footnotes (4)
- [F1]Transactions reported on this line represent pro rata distributions, and not a purchase or sale of securities.
- [F2]SGGP I, LLC ("SG GP") has sole voting and dispositive power over the shares held by SG Growth Partners I, L.P. Voting decisions with respect to such shares are made by Kenneth A. Fox and the Reporting Person, as the investment committee of SG GP.
- [F3]Transactions reported on this line represent pro rata distributions, and not a purchase or sale of securities, received by the Reporting Person.
- [F4]Represents: (i) 154,192 shares received via pro rata distributions; (ii) 584 restricted stock units ("RSUs") that vest on the earlier of (a) the date of the first annual meeting of the Issuer's stockholders and (b) June 30, 2019, in each case subject to the continuing service of the Reporting Person through such date; (iii) 1,166 vested RSUs; and (iv) 7,500 RSUs that vest on the earlier of (a) the date of the first annual meeting of the Issuer's stockholders and (b) July 3, 2019, in each case subject to the continuing service of the Reporting Person through such date.