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UPWORK, INC Director's Dealing 2018

Oct 2, 2018

31644_dirs_2018-10-02_c10dfbef-e794-456d-924b-be39e1c2a5af.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Upwork Inc. (UPWK)
CIK: 0001627475
Period of Report: 2018-10-02

Reporting Person: Yuan Han-Shen (SVP, Engineering)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $3.18 2025-09-20 Common Stock (450000) Direct
Employee Stock Option (right to buy) $3.68 2027-09-25 Common Stock (531173) Direct

Footnotes

F1: The stock option vested and became exercisable, and shall continue to vest and become exercisable, with respect to 1/5th of the shares on June 16, 2016, and an additional 1/60th of the shares monthly thereafter, subject to the continuing employment of the Reporting Person on each vesting date.

F2: The stock option vested and became exercisable, and shall continue to vest and become exercisable, with respect to 1/60th of the shares each month following the September 26, 2017 vesting commencement date, subject to the continuing employment of the Reporting Person on each vesting date.