0001562180-24-005238.txt : 20240621
0001562180-24-005238.hdr.sgml : 20240621
20240621200101
ACCESSION NUMBER: 0001562180-24-005238
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20240618
FILED AS OF DATE: 20240621
DATE AS OF CHANGE: 20240621
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bottoms Dave
CENTRAL INDEX KEY: 0002019194
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38678
FILM NUMBER: 241061777
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]
ORGANIZATION NAME: 06 Technology
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
primarydocument.xml
PRIMARY DOCUMENT
X0508
4
2024-06-18
false
0001627475
UPWORK, INC
UPWK
0002019194
Bottoms Dave
C/O UPWORK INC.
475 BRANNAN STREET, SUITE 430
SAN FRANCISCO
CA
94107
false
true
false
false
GM VP II, Marketplace
false
Common Stock
2024-06-18
4
M
false
8980.00
A
8980.00
D
Common Stock
2024-06-18
4
M
false
6023.00
A
15003.00
D
Common Stock
2024-06-18
4
S
false
5684.00
10.2165
D
9319.00
D
Restricted Stock Units
2024-06-18
4
M
false
8980.00
0.00
D
Common Stock
8980.00
80819.00
D
Restricted Stock Units
2024-06-18
4
M
false
6023.00
0.00
D
Common Stock
6023.00
90353.00
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 $10.195 to $10.265 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 December 18, 2022, subject to the continuing employment of the Reporting Person on each vesting date.
The RSUs vest in equal quarterly installments over four years beginning on June 18, 2024, subject to the continuing employment of the Reporting Person on each vesting date.
/s/ Jacob McQuown, Attorney-in-Fact
2024-06-21
EX-24
2
dbottomspoa.txt
POA
POWER OF ATTORNEY
KNOW ALL BY THESE PRESENTS, that the undersigned hereby constitutes
and
appoints Brian Levey, Jacob McQuown, and Tyler Stahl, and each of
them,
as the undersigned's true and lawful attorney in fact to
1. execute for and on behalf of the undersigned, in the undersigned's
capacity as a representative of Upwork Inc. the Company, any and all
Form ID, or Form 3, 4 or 5 reports and any amendments thereto
required
to be filed by the undersigned in accordance with Section 16a of the
Securities Exchange Act of 1934, as amended the Exchange Act, and
the rules thereunder with respect to transactions in the Company's
securities
2. do and perform any and all acts for and on behalf of the
undersigned
which may be necessary or desirable to complete and execute any such
Form
ID, or Form 3, 4 or 5 report and any amendments thereto and timely
file
such report with the U.S. Securities and Exchange Commission and any
stock exchange or similar authority
3. take any other action of any type whatsoever in connection with
the
foregoing which, in the opinion of such attorney in fact, may be of
benefit to, in the best interest of, or legally required by, the
undersigned, it being understood that the documents executed by such
attorney in fact on behalf of the undersigned, pursuant to this Power
of Attorney, shall be in such form and shall contain such terms and
conditions as such attorney in fact may approve in his or her
discretion.
The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform each and every act and thing
whatsoever requisite, necessary, and proper to be done in the
exercise of any of the rights and powers herein granted, as fully
to all intents and purposes as the undersigned might or could do
if personally present, with full power of substitution or
revocation, hereby ratifying and confirming all that such
attorney in fact, or his or her substitute or substitutes, shall
lawfully do or cause to be done by virtue of this Power of Attorney
and the rights and powers herein granted. The undersigned
acknowledges that no such attorney in fact, in serving in such
capacity at the request of the undersigned, is hereby assuming,
nor is the Company hereby assuming, any of the undersigned's
responsibilities to comply with Section 16 of the Exchange Act.
This Power of Attorney shall remain in full force and effect until
the undersigned is no longer required to file Form 3, 4 or 5 reports
with respect to the undersigned's holdings of and transactions in
securities issued by the Company, unless earlier revoked by the
undersigned in a signed writing delivered to the foregoing
attorneys in fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed as of April 5, 2024.
/s/ Dave Bottoms