X0508 4 2024-12-18 false 0001627475 UPWORK, INC UPWK 0001198788 NELSON ELIZABETH A C/O UPWORK INC. 530 LYTTON AVENUE, SUITE 301 PALO ALTO CA 94301 true false false false true Common Stock 2024-12-18 4 M false 75000.00 3.67 A 123915.00 D Common Stock 2024-12-18 4 S false 75000.00 17.3704 D 48915.00 D Common Stock 384096.00 I See Footnote Stock Option (Right to Buy) 3.67 2024-12-18 4 M false 75000.00 0.00 D 2025-02-25 Common Stock 75000.00 75000.00 D 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. 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. Shares are held by a trust for the benefit of the Reporting Person and her spouse. This option is fully vested and exercisable. /s/ Jacob McQuown, Attorney-in-Fact 2024-12-20