MARRIOTT DAN 4
4 · Upwork Inc. · Filed Oct 5, 2018
Insider Transaction Report
Form 4
Upwork Inc.UPWK
MARRIOTT DAN
Director
Transactions
- Award
Common Stock
2018-10-03+1,750→ 1,750 total - Award
Common Stock
2018-10-03+7,500→ 9,250 total
Holdings
- 1,289,230(indirect: Held directly by SG Growth Partners I, L.P.)
Common Stock
Footnotes (3)
- [F1]Represents an award of restricted stock units ("RSUs"). The RSUs vest quarterly, over three quarters (with the first such vesting date occurring on December 31, 2018), subject to the continuing service of the Reporting Person on each vesting date. The final quarterly installment shall fully vest on the earlier of (a) the date of the first annual meeting of the Issuer's 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.
- [F2]Represents an award of RSUs. The RSUs vest on the earlier of (a) the date of the first annual meeting of the Issuer's stockholders and (b) July 3, 2019, in each case subject to the continuing service of the Reporting Person through such date.
- [F3]SGGP I, LLC, the general partner of SG Growth Partners I L.P. ("SG LP"), has sole voting and dispositive power over the shares held by SG LP. Voting decisions with respect to such shares are made by Kenneth A. Fox and Daniel C. Marriott, the Reporting Person and a member of the Issuer's board of directors, as the investment committee of SGGP I, LLC.