Form 4 for UPWK UPWORK, INC
Accepted 2025-05-19 00:00:00 ET · period of report 2025-05-18 · accession 0001562180-25-004025 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-05-19 | 2025-05-19 | UPWK | Gessert Erica | CFO | S - Sale+OE | $16.56 | -19.7K | 181.9K | -10% | -$325.9K |
| D | 2025-05-19 | 2025-05-18 | UPWK | Gessert Erica | CFO | M - OptEx | — | +37.5K | 201.6K | +23% | — |
| D | 2025-05-19 | 2025-05-18 | UPWK | Gessert Erica | CFO | M - OptEx | $0.00 | -37.5K | 300.0K | -11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-19 | S | D | 19,677 | $16.56 | 181,873 | D | — | — | (F4) The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.5003 to $16.8929 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. |
| 2 | Common | Common Stock | 2025-05-18 | M | A | 37,500 | — | 201,550 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F2) Reflects 3,105 shares acquired under the Issuer's employee stock purchase plan on May 14, 2025 |
| 3 | Derivative | Restricted Stock Units | 2025-05-18 | M | D | 37,500 | $0.00 | 300,000 | D | — · — to — | 37,500 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. (F5) The RSUs vest 25% on May 18, 2024 and then 1/16th of the total number of shares on each quarterly anniversary thereafter, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date. |