LAYTON THOMAS 4
4 · UPWORK, INC · Filed Jun 9, 2025
Insider Transaction Report
Form 4
UPWORK, INCUPWK
LAYTON THOMAS
Director
Transactions
- Award
Common Stock
2025-06-05+3,380→ 36,115 total - Award
Common Stock
2025-06-05+11,370→ 32,735 total - Award
Common Stock
2025-06-05+3,687→ 39,802 total
Holdings
- 1,617,769(indirect: See footnote)
Common Stock
Footnotes (3)
- [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 2026 annual meeting of stockholders and (b) June 5, 2026, 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, 2025), 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 2026 annual meeting of stockholders and (b) June 30, 2026, in each case subject to the continuing service of the Reporting Person through such date.
- [F3]Shares are held by a trust for the benefit of the Reporting Person.