4//SEC Filing
NELSON ELIZABETH A 4
Accession 0001562180-24-006904
CIK 0001627475other
Filed
Sep 19, 8:00 PM ET
Accepted
Sep 20, 7:01 PM ET
Size
10.6 KB
Accession
0001562180-24-006904
Insider Transaction Report
Form 4
UPWORK, INCUPWK
NELSON ELIZABETH A
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2024-09-18−75,000→ 150,000 totalExercise: $3.67Exp: 2025-02-25→ Common Stock (75,000 underlying) - Exercise/Conversion
Common Stock
2024-09-18$3.67/sh+75,000$275,250→ 123,915 total - Sale
Common Stock
2024-09-18$10.54/sh−75,000$790,448→ 48,915 total
Holdings
- 384,096(indirect: See Footnote)
Common Stock
Footnotes (4)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 25, 2024, which plan exclusively includes shares covered by a fully vested stock option expiring on February 25, 2025.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.38 to $10.87 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.
- [F3]Shares are held by a trust for the benefit of the Reporting Person and her spouse.
- [F4]The option is fully vested and exercisable.
Documents
Issuer
UPWORK, INC
CIK 0001627475
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001198788
Filing Metadata
- Form type
- 4
- Filed
- Sep 19, 8:00 PM ET
- Accepted
- Sep 20, 7:01 PM ET
- Size
- 10.6 KB