Leela Srinivasan - Sep 3, 2021 Form 4 Insider Report for UPWORK, INC (UPWK)

Role: Director
Signature: /s/ Jacob McQuown, Attorney-in-Fact
Stock symbol: UPWK
Transactions as of: Sep 3, 2021
Transactions value $: -$325,990
Form type: 4
Date filed: 9/7/2021, 07:07 PM
Previous filing: Jun 3, 2021
Next filing: Jun 6, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPWK	Common Stock	Sale	-$326K	-7.2K	-17.95%	$45.28	32.9K	Sep 3, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sale of shares is for the sole purpose of covering the Reporting Person's tax liability resulting from the settlement of restricted stock units.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.27 to $45.35 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.

Content

The sale of shares is for the sole purpose of covering the Reporting Person's tax liability resulting from the settlement of restricted stock units.

The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.27 to $45.35 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.