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Upland Software, Inc. — Director's Dealing 2018
Aug 20, 2018
34321_dirs_2018-08-20_06c89631-d51b-4a06-a694-43217648aac8.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Upland Software, Inc. (UPLD)
CIK: 0001505155
Period of Report: 2018-08-16
Reporting Person: EPM Live, Inc. (Member of 10% owner group)
Reporting Person: ESW Capital, LLC (10% Owner)
Reporting Person: LIEMANDT JOSEPH (10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-08-16 | Common Stock | S | 45377 | $35.4375 | Disposed | 899522 | Direct |
| 2018-08-16 | Common Stock | S | 25469 | $36.0296 | Disposed | 874053 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2677627 | Indirect |
Footnotes
F1: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $34.90 to $35.80. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F2: These shares are held directly by EPM Live, Inc. ("EPM"), a controlled subsidiary of ESW Capital, LLC ("ESW"). The sole voting member of ESW is Joseph A. Liemandt ("Mr. Liemandt"). Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any.
F3: Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $35.95 to $36.40. The Reporting Person undertakes to provide to the Issuer, the staff of the Securities and Exchange Commission or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
F4: These shares include 1,803,574 shares directly held by Acorn Performance Group, Inc. ("Acorn") and the 874,053 shares directly held by EPM reported in footnote 2 above. Acorn and EPM are controlled subsidiaries of ESW. Each of ESW and Mr. Liemandt disclaim Section 16 beneficial ownership of the reported shares except to the extent of their respective pecuniary interest therein, if any.