4//SEC Filing
Marie Olivier 4
Accession 0001562180-25-005869
CIK 0001627475other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 7:43 PM ET
Size
15.5 KB
Accession
0001562180-25-005869
Insider Transaction Report
Form 4
UPWORK, INCUPWK
Marie Olivier
Chief Accounting Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-08-18−1,200→ 2,400 total→ Common Stock (1,200 underlying) - Sale
Common Stock
2025-08-14$14.00/sh−1,294$18,116→ 748 total - Exercise/Conversion
Common Stock
2025-08-18+1,427→ 2,175 total - Exercise/Conversion
Common Stock
2025-08-18+1,200→ 3,375 total - Exercise/Conversion
Restricted Stock Units
2025-08-18−1,427→ 2,854 total→ Common Stock (1,427 underlying) - Sale
Common Stock
2025-08-18$13.84/sh−941$13,020→ 2,434 total
Footnotes (6)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 15, 2025.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F3]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F4]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.74 to $13.987 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.
- [F5]The RSUs vest in equal quarterly installments over four years beginning on May 18, 2022, subject to the continuing employment of the Reporting Person on each vesting date.
- [F6]The RSUs vest in equal quarterly installments over three years beginning on May 18, 2023, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.
Documents
Issuer
UPWORK, INC
CIK 0001627475
Entity typeother
Related Parties
1- filerCIK 0001932860
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 7:43 PM ET
- Size
- 15.5 KB