KELMAN GLENN 4
4 · UPWORK, INC · Filed Jun 9, 2025
Insider Transaction Report
Form 4
UPWORK, INCUPWK
KELMAN GLENN
Director
Transactions
- Award
Common Stock
2025-06-05+11,370→ 35,955 total - Award
Common Stock
2025-06-05+24,585→ 24,585 total - Award
Common Stock
2025-06-05+3,380→ 39,335 total
Footnotes (3)
- [F1]Represents an award of restricted stock units ("RSUs"). The RSUs vest as to 1/3 of the total number of shares on each of June 5, 2026 and June 5, 2027, and then 1/3 of the total number of shares vest on the earlier of (a) the date immediately prior to the Issuer's 2028 annual meeting of stockholders and (b) December 31, 2028, in each case subject to continued service through each vesting date.
- [F2]Represents an award of RSUs. 100% of the total number of RSUs shall vest in full 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.
- [F3]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.