4//SEC Filing
LAYTON THOMAS 4
Accession 0001562180-24-004978
CIK 0001627475other
Filed
Jun 10, 8:00 PM ET
Accepted
Jun 11, 7:05 PM ET
Size
10.2 KB
Accession
0001562180-24-004978
Insider Transaction Report
Form 4
UPWORK, INCUPWK
LAYTON THOMAS
Director
Transactions
- Award
Common Stock
2024-06-07+4,845→ 47,053 total - Award
Common Stock
2024-06-07+16,299→ 42,208 total - Award
Common Stock
2024-06-07+5,286→ 52,339 total
Holdings
- 2,086,795(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]Represents an award of Restricted Stock Units ("RSUs"). The RSUs vest 100% on the earlier of (a) the date immediately prior to the Issuer's 2025 annual meeting of stockholders and (b) June 7, 2025, in each case subject to the continuing service of the Reporting Person through such date.
- [F2]Represents an award of RSUs. The RSUs vest quarterly over four quarters (with the first such vesting date occurring on September 30, 2024), subject to the continuing service of the Reporting Person on each vesting date; provided, however, that the final quarterly installment shall fully vest on the earlier of (a) the date immediately prior to the Issuer's 2025 annual meeting of stockholders and (b) the date that is the last day of the last full quarter of the vesting of such award, in each case subject to the continuing service of the Reporting Person through such date.
- [F3]Reflects (i) the gift of 3,484 shares by the Reporting Person to a trust for the benefit of the Reporting Person and (ii) the transfer of 2,055,651 shares to the Reporting Person's ex-spouse pursuant to a divorce settlement. The securities owned by the ex-spouse are not beneficially owned by the Reporting Person.
- [F4]Shares are held by a trust for the benefit of the Reporting Person.
Documents
Issuer
UPWORK, INC
CIK 0001627475
Entity typeother
Related Parties
1- filerCIK 0001079457
Filing Metadata
- Form type
- 4
- Filed
- Jun 10, 8:00 PM ET
- Accepted
- Jun 11, 7:05 PM ET
- Size
- 10.2 KB