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