4//SEC Filing
Kasriel Stephane 4
Accession 0001567619-19-018559
CIK 0001627475other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 7:58 PM ET
Size
9.8 KB
Accession
0001567619-19-018559
Insider Transaction Report
Form 4
Upwork Inc.UPWK
Kasriel Stephane
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2019-09-17$14.61/sh−120,000$1,753,308→ 204,906 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-09-17−120,000→ 397,289 totalExercise: $3.04Exp: 2022-06-24→ Common Stock (120,000 underlying) - Exercise/Conversion
Common Stock
2019-09-17$3.04/sh+120,000$364,800→ 324,906 total
Holdings
- 18,152
Common Stock
Footnotes (5)
- [F1]The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F2]Represents the aggregate of sales effected on the same day at different prices.
- [F3]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.42 to $15.02 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.
- [F4]Held directly by the Reporting Person as custodian for his children.
- [F5]The stock option is fully vested and immediately exercisable.
Documents
Issuer
Upwork Inc.
CIK 0001627475
Entity typeother
Related Parties
1- filerCIK 0001753417
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 7:58 PM ET
- Size
- 9.8 KB