Upland Software, Inc. — Director's Dealing 2021

Sep 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Upland Software, Inc. (UPLD)
CIK: 0001505155
Period of Report: 2021-09-16

Reporting Person: Hill Michael Douglass (CFO &Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-16	Common Stock	G	34689	—	Disposed	224157	Direct
2021-09-17	Common Stock	S	7111	$36.6208	Disposed	217046	Direct
2021-09-20	Common Stock	S	87	$35.87	Disposed	216959	Direct
2021-09-16	Common Stock	G	34689	—	Acquired	34689	Indirect

Footnotes

F1: Shares were sold pursuant to a 10b5-1 plan to cover the tax withholding obligations in connection with the vesting of restricted stock units.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.20 to $36.97, 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: Share held by trust for the benefit of reporting person's family. Reporting person is the trustee of the trust.