0001567619-19-018653.txt : 20190923 0001567619-19-018653.hdr.sgml : 20190923 20190923162020 ACCESSION NUMBER: 0001567619-19-018653 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190919 FILED AS OF DATE: 20190923 DATE AS OF CHANGE: 20190923 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Yuan Han-Shen CENTRAL INDEX KEY: 0001753419 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38678 FILM NUMBER: 191108242 MAIL ADDRESS: STREET 1: C/O UPWORK INC. STREET 2: 441 LOGUE AVENUE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Upwork Inc. CENTRAL INDEX KEY: 0001627475 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 464337682 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 441 LOGUE AVENUE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 650-316-7500 MAIL ADDRESS: STREET 1: 441 LOGUE AVENUE CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 FORMER COMPANY: FORMER CONFORMED NAME: Elance-oDesk, Inc. DATE OF NAME CHANGE: 20141209 4 1 doc1.xml FORM 4 X0306 4 2019-09-19 0 0001627475 Upwork Inc. UPWK 0001753419 Yuan Han-Shen C/O UPWORK INC. 2625 AUGUSTINE DRIVE, SUITE 601 SANTA CLARA CA 95054 0 1 0 0 SVP, Engineering Common Stock 2019-09-19 4 M 0 50000 3.68 A 52266 D Common Stock 2019-09-19 4 S 0 50000 14.2982 D 2266 D Common Stock 2019-09-20 4 M 0 11175 3.68 A 13441 D Common Stock 2019-09-20 4 S 0 11175 13.8167 D 2266 D Employee Stock Option (Right to Buy) 3.68 2019-09-19 4 M 0 50000 0 D 2027-09-25 Common Stock 50000 413671 D Employee Stock Option (Right to Buy) 3.68 2019-09-20 4 M 0 11175 0 D 2027-09-25 Common Stock 11175 402496 D The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person. Represents the aggregate of sales effected on the same day at different prices. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.14 to $14.49 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. The stock option vested and became exercisable, and shall continue to vest and become exercisable, with respect to 1/60th of the shares each month following the September 26, 2017 vesting commencement date, subject to the continuing employment of the Reporting Person on each vesting date. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.6704 to $14.15 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. /s/Jacob McQuown, Attorney-in-Fact 2019-09-23