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UPWORK, INC Director's Dealing 2025

Jun 10, 2025

31644_dirs_2025-06-09_c7f49b96-815c-4baf-84fa-590d9579f0ce.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: 2025-06-05

Reporting Person: LAYTON THOMAS (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-06-05 Common Stock A 11370.00 $0.00 Acquired 32735.00 Direct
2025-06-05 Common Stock A 3380.00 $0.00 Acquired 36115.00 Direct
2025-06-05 Common Stock A 3687.00 $0.00 Acquired 39802.00 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1617769.00 Indirect

Footnotes

F1: Represents an award of restricted stock units ("RSUs"). The RSUs vest 100% on the earlier of (a) the date immediately prior to the Issuer's 2026 annual meeting of stockholders and (b) June 5, 2026, in each case subject to the continuing service of the Reporting Person through such date.

F2: Represents an award of RSUs. The RSUs vest quarterly over four quarters (with the first such vesting date occurring on September 30, 2025), subject to the continuing service of the Reporting Person on each vesting date; provided, however, that the final quarterly installment shall fully vest on the earlier of (a) the date immediately prior to the Issuer's 2026 annual meeting of stockholders and (b) June 30, 2026, in each case subject to the continuing service of the Reporting Person through such date.

F3: Shares are held by a trust for the benefit of the Reporting Person.