Dave Bottoms - Apr 19, 2024 Form 3 Insider Report for UPWORK, INC (UPWK)

Role
GM VP II, Marketplace
Signature
/s/ Jacob McQuown, Attorney-in-Fact
Stock symbol
UPWK
Transactions as of
Apr 19, 2024
Transactions value $
$0
Form type
3
Date filed
4/29/2024, 09:22 PM
Next filing
May 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UPWK Common Stock 2.84K Apr 19, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding UPWK Restricted Stock Units Apr 19, 2024 Common Stock 89.8K $0.00 Direct F1, F2
holding UPWK Restricted Stock Units Apr 19, 2024 Common Stock 45K $0.00 Direct F1, F3
holding UPWK Restricted Stock Units Apr 19, 2024 Common Stock 96.4K $0.00 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs vest in equal quarterly installments over four years beginning on December18, 2022, subject to the continuing employment of the Reporting Person on each vesting date.
F3 The RSUs vest in equal quarterly installments over four years beginning on May 18, 2023, subject to the continuing employment of the Reporting Person on each vesting date.
F4 The RSUs vest in equal quarterly installments over four years beginning on June 18, 2024, subject to the continuing employment of the Reporting Person on each vesting date.