Globespan Management Associates IV, LLC 4

Accession 0001012975-18-001095

CIK 0001627475other

View on SEC.gov Company Profile

Filed

Oct 4, 8:00 PM ET

Accepted

Oct 5, 8:31 PM ET

Size

64.2 KB

Accession

0001012975-18-001095

Insider Transaction Report

Form 4

Period: 2018-10-05

Upwork Inc.UPWK

Globespan Management Associates IV, LLC

10% Owner

Transactions

Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−3,739→ 0 total(indirect: See footnote)
→ Common Stock (3,739 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−1,404→ 0 total(indirect: See footnote)
→ Common Stock (1,404 underlying)
Conversion
Common Stock
2018-10-05+48,789→ 50,067 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+14,866→ 15,255 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+267,020→ 289,049 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+77,042→ 10,685,706 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+3,739→ 733,083 total(indirect: See footnote)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−606,865→ 0 total(indirect: See footnote)
→ Common Stock (606,865 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−184,917→ 0 total(indirect: See footnote)
→ Common Stock (184,917 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−2,027→ 0 total(indirect: See footnote)
→ Common Stock (2,027 underlying)
Conversion
Common Stock
2018-10-05+787,890→ 808,539 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+54,167→ 55,586 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+21,467→ 22,029 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+9,800,125→ 10,608,664 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+673,758→ 729,344 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+606,865→ 656,932 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+184,917→ 200,172 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+3,354→ 660,286 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+2,027→ 291,076 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+1,404→ 201,576 total(indirect: See footnote)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−787,890→ 0 total(indirect: See footnote)
→ Common Stock (787,890 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−54,167→ 0 total(indirect: See footnote)
→ Common Stock (54,167 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−48,789→ 0 total(indirect: See footnote)
→ Common Stock (48,789 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−21,467→ 0 total(indirect: See footnote)
→ Common Stock (21,467 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−14,866→ 0 total(indirect: See footnote)
→ Common Stock (14,866 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−9,800,125→ 0 total(indirect: See footnote)
→ Common Stock (9,800,125 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−673,758→ 0 total(indirect: See footnote)
→ Common Stock (673,758 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−267,020→ 0 total(indirect: See footnote)
→ Common Stock (267,020 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−77,042→ 0 total(indirect: See footnote)
→ Common Stock (77,042 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−3,354→ 0 total(indirect: See footnote)
→ Common Stock (3,354 underlying)

GLOBESPAN CAPITAL PARTNERS IV LP

10% Owner

Transactions

Conversion
Common Stock
2018-10-05+21,467→ 22,029 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+673,758→ 729,344 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+606,865→ 656,932 total(indirect: See footnote)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−77,042→ 0 total(indirect: See footnote)
→ Common Stock (77,042 underlying)
Conversion
Common Stock
2018-10-05+787,890→ 808,539 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+54,167→ 55,586 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+9,800,125→ 10,608,664 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+267,020→ 289,049 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+48,789→ 50,067 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+1,404→ 201,576 total(indirect: See footnote)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−787,890→ 0 total(indirect: See footnote)
→ Common Stock (787,890 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−54,167→ 0 total(indirect: See footnote)
→ Common Stock (54,167 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−21,467→ 0 total(indirect: See footnote)
→ Common Stock (21,467 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−9,800,125→ 0 total(indirect: See footnote)
→ Common Stock (9,800,125 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−673,758→ 0 total(indirect: See footnote)
→ Common Stock (673,758 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−267,020→ 0 total(indirect: See footnote)
→ Common Stock (267,020 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−2,027→ 0 total(indirect: See footnote)
→ Common Stock (2,027 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−1,404→ 0 total(indirect: See footnote)
→ Common Stock (1,404 underlying)
Conversion
Common Stock
2018-10-05+184,917→ 200,172 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+77,042→ 10,685,706 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+3,739→ 733,083 total(indirect: See footnote)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−3,354→ 0 total(indirect: See footnote)
→ Common Stock (3,354 underlying)
Conversion
Common Stock
2018-10-05+14,866→ 15,255 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+3,354→ 660,286 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+2,027→ 291,076 total(indirect: See footnote)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−48,789→ 0 total(indirect: See footnote)
→ Common Stock (48,789 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−14,866→ 0 total(indirect: See footnote)
→ Common Stock (14,866 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−606,865→ 0 total(indirect: See footnote)
→ Common Stock (606,865 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−184,917→ 0 total(indirect: See footnote)
→ Common Stock (184,917 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−3,739→ 0 total(indirect: See footnote)
→ Common Stock (3,739 underlying)

Goldfarb Andrew P

10% Owner

Transactions

Conversion
Common Stock
2018-10-05+14,866→ 15,255 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+673,758→ 729,344 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+606,865→ 656,932 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+267,020→ 289,049 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+184,917→ 200,172 total(indirect: See footnote)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−1,404→ 0 total(indirect: See footnote)
→ Common Stock (1,404 underlying)
Conversion
Common Stock
2018-10-05+54,167→ 55,586 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+2,027→ 291,076 total(indirect: See footnote)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−787,890→ 0 total(indirect: See footnote)
→ Common Stock (787,890 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−54,167→ 0 total(indirect: See footnote)
→ Common Stock (54,167 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−48,789→ 0 total(indirect: See footnote)
→ Common Stock (48,789 underlying)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−14,866→ 0 total(indirect: See footnote)
→ Common Stock (14,866 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−9,800,125→ 0 total(indirect: See footnote)
→ Common Stock (9,800,125 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−673,758→ 0 total(indirect: See footnote)
→ Common Stock (673,758 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−606,865→ 0 total(indirect: See footnote)
→ Common Stock (606,865 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−267,020→ 0 total(indirect: See footnote)
→ Common Stock (267,020 underlying)
Conversion
Series A-2 Convertible Preferred Stock
2018-10-05−184,917→ 0 total(indirect: See footnote)
→ Common Stock (184,917 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−3,739→ 0 total(indirect: See footnote)
→ Common Stock (3,739 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−3,354→ 0 total(indirect: See footnote)
→ Common Stock (3,354 underlying)
Conversion
Common Stock
2018-10-05+787,890→ 808,539 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+48,789→ 50,067 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+21,467→ 22,029 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+77,042→ 10,685,706 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+3,739→ 733,083 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+3,354→ 660,286 total(indirect: See footnote)
Conversion
Common Stock
2018-10-05+1,404→ 201,576 total(indirect: See footnote)
Conversion
Series A-1 Convertible Preferred Stock
2018-10-05−21,467→ 0 total(indirect: See footnote)
→ Common Stock (21,467 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−77,042→ 0 total(indirect: See footnote)
→ Common Stock (77,042 underlying)
Conversion
Series B-1 Convertible Preferred Stock
2018-10-05−2,027→ 0 total(indirect: See footnote)
→ Common Stock (2,027 underlying)
Conversion
Common Stock
2018-10-05+9,800,125→ 10,608,664 total(indirect: See footnote)

Footnotes (7)

[F1]The preferred stock automatically converted into common stock on a 1-to-1 basis immediately upon closing of the initial public offering of the Issuer and has no expiration date.
[F2]Held directly by Globespan Capital Partners IV, L.P.
[F3]Held directly by Globespan Capital Partners (Cayman) IV, L.P.
[F4]Held directly by JAFCO Globespan USIT IV, L.P.
[F5]Held directly by Globespan Capital Partners IV GmbH & Co. KG.
[F6]Held directly by GCP IV Affiliates Fund, L.P.
[F7]The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owners of any of the shares of common stock, of the Issuer. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

Upwork Inc.

CIK 0001627475

→

Entity typeother

IncorporatedDE

Related Parties

filerCIK 0001754247

Filing Metadata

Form type: 4
Filed: Oct 4, 8:00 PM ET
Accepted: Oct 5, 8:31 PM ET
Size: 64.2 KB

View on SEC.gov