AI assistant
UPWORK, INC — Director's Dealing 2024
Dec 21, 2024
31644_dirs_2024-12-20_3fffdc07-1547-4204-9f6d-b3de41fbd8df.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: UPWORK, INC (UPWK)
CIK: 0001627475
Period of Report: 2024-12-18
Reporting Person: NELSON ELIZABETH A (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-12-18 | Common Stock | M | 75000.00 | $3.67 | Acquired | 123915.00 | Direct |
| 2024-12-18 | Common Stock | S | 75000.00 | $17.3704 | Disposed | 48915.00 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-12-18 | Stock Option (Right to Buy) | $3.67 | M | 75000.00 | Disposed | 2025-02-25 | Common Stock (75000.00) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 384096.00 | Indirect |
Footnotes
F1: This transaction was effected pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on May 25, 2024, which plan exclusively includes shares covered by a fully vested stock option expiring on February 25, 2025.
F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.36 to $18.03 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the
Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: Shares are held by a trust for the benefit of the Reporting Person and her spouse.
F4: This option is fully vested and exercisable.