Kasriel Stephane 4
4 · Upwork Inc. · Filed Dec 17, 2019
Insider Transaction Report
Form 4
Upwork Inc.UPWK
Kasriel Stephane
DirectorPresident & CEO
Transactions
- Sale
Common Stock
2019-12-17$10.57/sh−60,000$634,446→ 281,567 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-12-13−76,386→ 73,779 totalExercise: $2.76Exp: 2024-04-06→ Common Stock (76,386 underlying) - Exercise/Conversion
Common Stock
2019-12-13$2.76/sh+76,386$210,825→ 281,567 total - Exercise/Conversion
Common Stock
2019-12-17$3.04/sh+60,000$182,400→ 341,567 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-12-17−60,000→ 277,289 totalExercise: $3.04Exp: 2022-06-24→ Common Stock (60,000 underlying)
Holdings
- 18,152
Common Stock
Footnotes (4)
- [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]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.39 to $10.675 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.
- [F3]Held directly by the Reporting Person as custodian for his children.
- [F4]The stock option is fully vested and immediately exercisable.