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Upland Software, Inc. Director's Dealing 2019

Feb 13, 2019

34321_dirs_2019-02-13_d95e3d9f-d6ca-4d1a-a8a5-019c02d3c7e3.zip

Director's Dealing

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SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: Upland Software, Inc. (UPLD)
CIK: 0001505155
Period of Report: 2018-12-31

Reporting Person: MAY DAVID (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 79585 Direct
Common Stock 0 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $7.74 2026-08-08 Common Stock (19358.0) 19358 Direct
Stock Option (right to buy) $23.6 2027-08-08 Common Stock (3262.0) 3262 Direct
Stock Option (right to buy) $33.39 2028-08-06 Common Stock (2189.0) 2189 Direct

Footnotes

F1: Total holdings updated reflect 44,568 shares transferred to reporting person's ex-spouse pursuant to divorce agreement, 25,000 shares that were reported sold on September 15, 2017 but not reflected is subsequent form totals and the transfer to Mr. May of 54,653 shares from a family-owned limited liability company upon dissolution of such entity.

F2: Fully vested and exercisable.

F3: Total updated to reflect 19,359 options transferred to reporting person's ex-spouse pursuant to divorce agreement.

F4: Total updated to reflect 3,263 options transferred to reporting person's ex-spouse pursuant to divorce agreement.

F5: Options vest and become exercisable as to 25% of shares on each of 9/16/19, 12/16/18, 3/16/19 and 6/16/19.

F6: Total updated to reflect 2,189 options transferred to reporting person's ex-spouse pursuant to divorce agreement.