4//SEC Filing
Yuan Han-Shen 4
Accession 0001567619-19-018653
CIK 0001627475other
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:20 PM ET
Size
14.9 KB
Accession
0001567619-19-018653
Insider Transaction Report
Form 4
Upwork Inc.UPWK
Yuan Han-Shen
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 totalExercise: $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 totalExercise: $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
Issuer
Upwork Inc.
CIK 0001627475
Entity typeother
Related Parties
1- filerCIK 0001753419
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 4:20 PM ET
- Size
- 14.9 KB