Upland Software, Inc. — Director's Dealing 2020

Mar 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Upland Software, Inc. (UPLD)
CIK: 0001505155
Period of Report: 2020-03-05

Reporting Person: Hill Michael Douglass (CFO &Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-05	Common Stock	S	44392	$35.4155	Disposed	281731	Direct
2020-03-05	Common Stock	M	4297	$6.22	Acquired	286028	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-05	Incentive Stock Option	$6.22	M	4297	Disposed	2024-03-31	Common Stock (4297.0)	Direct

Footnotes

F1: Shares were sold pursuant to shareholder's 10b5-1 trading plan adopted by owner.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.05 to $35.99, inclusive. The reporting person undertakes to provide to Upland Software, Inc., any security holder of Upland Software, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

F3: Currently exercisable.