0001094792-23-000002.txt : 20230222
0001094792-23-000002.hdr.sgml : 20230222
20230222163540
ACCESSION NUMBER: 0001094792-23-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230221
FILED AS OF DATE: 20230222
DATE AS OF CHANGE: 20230222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MCDONALD JOHN T
CENTRAL INDEX KEY: 0001094792
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36720
FILM NUMBER: 23653761
MAIL ADDRESS:
STREET 1: C/O UPLAND SOFTWARE INC.
STREET 2: 401 CONGRESS AVE., SUITE 1850
CITY: AUSTIN
STATE: TX
ZIP: 78701
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Upland Software, Inc.
CENTRAL INDEX KEY: 0001505155
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 272992077
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 401 CONGRESS AVE.
STREET 2: SUITE 1850
CITY: AUSTIN
STATE: TX
ZIP: 78701
BUSINESS PHONE: 512-960-1010
MAIL ADDRESS:
STREET 1: 401 CONGRESS AVE.
STREET 2: SUITE 1850
CITY: AUSTIN
STATE: TX
ZIP: 78701
FORMER COMPANY:
FORMER CONFORMED NAME: Silverback Acquisition Corp
DATE OF NAME CHANGE: 20101105
4
1
wf-form4_167710170573567.xml
FORM 4
X0306
4
2023-02-21
0
0001505155
Upland Software, Inc.
UPLD
0001094792
MCDONALD JOHN T
401 CONGRESS AVE., STE 1850
AUSTIN
TX
78701
1
1
0
0
CEO
Common Stock
2023-02-21
4
A
0
100000
0
A
1679402
D
Common Stock
243738
I
By National Financial Services as Cust FBO J. McDonald RRA
Performance Share Unit
0.0
2023-06-30
Common Stock
93750.0
93750
D
Performance Share Unit
0.0
2023-02-21
4
A
0
100000
0
A
2025-12-31
Common Stock
100000.0
100000
D
Represents restricted stock units vesting in twelve equal quarterly installments starting on March 16, 2023 and ending on December 16, 2025; provided that the participant continues to be a service provider through each such vesting date.
Does not include 125,000 shares of common stock held in a trust for the benefit of Mr. McDonald's children of which The Bryn Mawr Trust Company of Delaware is the trustee.
Units will vest on the first date on which the closing price of Upland's common stock for any 30 consecutive trading days immediately preceding such date before June 30, 2023 equals or exceeds certain stock price hurdles. On June 30, 2023, a number of Units (if any) will vest based on the closing price of Upland's common stock on June 30, 2023 using linear interpolation. Total shares earned will be between 0% and 300% of the target number of shares reported.
Units will vest on the first date on which the closing price of Upland's common stock for any 30 consecutive trading days immediately preceding such date before December 31, 2025 equals or exceeds certain stock price hurdles. On December 31, 2025, a number of Units (if any) will vest based on the closing price of Upland's common stock on December 31, 2025 using linear interpolation. Total shares earned will be between 0% and 200% of the target number of shares reported.
/s/ Kin Gill, as attorney-in-fact for Mr. McDonald
2023-02-22