0001562180-24-006877.txt : 20240918
0001562180-24-006877.hdr.sgml : 20240918
20240918203320
ACCESSION NUMBER: 0001562180-24-006877
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240916
FILED AS OF DATE: 20240918
DATE AS OF CHANGE: 20240918
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brown Hayden
CENTRAL INDEX KEY: 0001753662
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38678
FILM NUMBER: 241308647
MAIL ADDRESS:
STREET 1: C/O UPWORK INC.
STREET 2: 655 MONTGOMERY ST., STE 490, DEPT. 17022
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111-2676
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: 530 LYTTON AVENUE, SUITE 301
CITY: PALO ALTO
STATE: CA
ZIP: 94301
BUSINESS PHONE: 650-316-7500
MAIL ADDRESS:
STREET 1: 655 MONTGOMERY ST., STE. 490, DEPT 17022
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94111-2676
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
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2024-09-16
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0001627475
UPWORK, INC
UPWK
0001753662
Brown Hayden
C/O UPWORK INC.
530 LYTTON AVENUE, SUITE 301
PALO ALTO
CA
94301
true
true
false
false
President & CEO
true
Common Stock
2024-09-16
4
S
false
20000.00
10.0082
D
1170561.00
D
Common Stock
2024-09-18
4
M
false
17733.00
A
1188294.00
D
Common Stock
2024-09-18
4
S
false
9444.00
10.5711
D
1178850.00
D
Restricted Stock Units
2024-09-18
4
M
false
17733.00
0.00
D
Common Stock
17733.00
248265.00
D
This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on December 6, 2023.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.80 to
$10.13 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.
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 $10.41 to $10.87 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 June 18, 2024, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.
/s/ Jacob McQuown, Attorney-in-Fact
2024-09-18