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UPWORK, INC — Director's Dealing 2020
Nov 13, 2020
31644_dirs_2020-11-12_5ffc258f-d3d0-4851-bfaf-4164d3b9cebf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Upwork Inc. (UPWK)
CIK: 0001627475
Period of Report: 2020-11-10
Reporting Person: Vazquez-Ubarri Anilu (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-10 | Common Stock | A | 14265 | $0.00 | Acquired | 14265 | Direct |
| 2020-11-10 | Common Stock | A | 5349 | $0.00 | Acquired | 19614 | Direct |
Footnotes
F1: Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive 1 share of the Issuer's common stock upon settlement.
F2: The RSUs vest as to 1/3 of the total number of shares on each of November 10, 2021 and November 10, 2022 and then 1/3 of the total number of shares vest on the earlier of (a) the date immediately prior to the Issuer's 2023 annual meeting of stockholders and (b) December 31, 2023, in each case subject to continued service through each vesting date.
F3: The RSUs fully vest on the earlier of (a) the date immediately prior to the Issuer's 2021 annual meeting of stockholders and (b) November 10, 2021, subject to continued service through such vesting date.