Yuan Han-Shen 4

4 · Upwork Inc. · Filed Sep 23, 2019

Form 4

Period: 2019-09-19

SVP, Engineering

Transactions

Exercise/Conversion
Common Stock
2019-09-20$3.68/sh+11,175$41,124→ 13,441 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-09-20−11,175→ 402,496 total
Exercise: $3.68Exp: 2027-09-25→ Common Stock (11,175 underlying)
Exercise/Conversion
Common Stock
2019-09-19$3.68/sh+50,000$184,000→ 52,266 total
Sale
Common Stock
2019-09-19$14.30/sh−50,000$714,910→ 2,266 total
Sale
Common Stock
2019-09-20$13.82/sh−11,175$154,402→ 2,266 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-09-19−50,000→ 413,671 total
Exercise: $3.68Exp: 2027-09-25→ Common Stock (50,000 underlying)

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 $14.14 to $14.49 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]The stock option vested and became exercisable, and shall continue to vest and become exercisable, with respect to 1/60th of the shares each month following the September 26, 2017 vesting commencement date, subject to the continuing employment of the Reporting Person on each vesting date.
[F5]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.6704 to $14.15 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.

Documents

1 file