0001209191-23-020394.txt : 20230321
0001209191-23-020394.hdr.sgml : 20230321
20230321191008
ACCESSION NUMBER: 0001209191-23-020394
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230318
FILED AS OF DATE: 20230321
DATE AS OF CHANGE: 20230321
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Marie Olivier
CENTRAL INDEX KEY: 0001932860
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38678
FILM NUMBER: 23750885
MAIL ADDRESS:
STREET 1: C/O UPWORK, INC.
STREET 2: 475 BRANNAN STREET SUITE 430
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: UPWORK, INC
CENTRAL INDEX KEY: 0001627475
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 464337682
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 475 BRANNAN STREET
STREET 2: SUITE 430
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
BUSINESS PHONE: 650-316-7500
MAIL ADDRESS:
STREET 1: 475 BRANNAN STREET
STREET 2: SUITE 430
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94107
FORMER COMPANY:
FORMER CONFORMED NAME: Upwork Inc.
DATE OF NAME CHANGE: 20180427
FORMER COMPANY:
FORMER CONFORMED NAME: Elance-oDesk, Inc.
DATE OF NAME CHANGE: 20141209
4
1
doc4.xml
FORM 4 SUBMISSION
X0407
4
2023-03-18
0
0001627475
UPWORK, INC
UPWK
0001932860
Marie Olivier
C/O UPWORK INC.
475 BRANNAN STREET, SUITE 430
SAN FRANCISCO
CA
94107
0
1
0
0
Chief Accounting Officer
0
Common Stock
2023-03-18
4
M
0
2634
A
14617
D
Common Stock
2023-03-20
4
S
0
958
10.1626
D
13659
D
Restricted Stock Units (RSU)
2023-03-18
4
M
0
2634
0.00
D
Common Stock
2634
34251
D
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.0683 to $10.22 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.
The RSUs vest in equal quarterly installments over four years beginning on September 18, 2022, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.
/s/ Jacob McQuown, Attorney-in-Fact
2023-03-21