GREGORY C. GRETSCH - 31 Dec 2021 Form 5 Insider Report for UPWORK, INC (UPWK)

Role
Director
Signature
/s/Jacob McQuown, Attorney-in-Fact
Issuer symbol
UPWK
Transactions as of
31 Dec 2021
Net transactions value
$0
Form type
5
Filing time
11 Feb 2022, 18:12:26 UTC
Previous filing
03 Jun 2021
Next filing
06 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPWK Common Stock Gift $0 -329,336 -34% $0.000000 635,321 20 Apr 2021 Direct
transaction UPWK Common Stock Gift $0 +329,336 $0.000000 329,336 20 Apr 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1
transaction UPWK CommonStock Gift $0 -392,062 -62% $0.000000 243,259 23 Apr 2021 Direct
transaction UPWK Common Stock Gift $0 +392,062 +119% $0.000000 721,398 23 Apr 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1
transaction UPWK Common Stock Gift $0 -14,792 -6.1% $0.000000 228,467 04 Nov 2021 Direct
transaction UPWK Common Stock Gift $0 +14,792 +2.1% $0.000000 736,190 04 Nov 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1
transaction UPWK Common Stock Gift $0 -14,792 -2% $0.000000 721,398 04 Nov 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1, F2
holding UPWK Common Stock 716,795 31 Dec 2021 By Gregory C. Gretsch Trust, UAD 1/28/00 F3
holding UPWK Common Stock 25,944 31 Dec 2021 By Trusts for Children
holding UPWK Common Stock 266,667 31 Dec 2021 By Martis Creek Investments, L.P. - Fund 3 F4
holding UPWK Common Stock 95,000 31 Dec 2021 By Martis Creek Investments, L.P. - Fund 4 F4
holding UPWK Common Stock 769,925 31 Dec 2021 By Martis Creek Investments, L.P. - Fund 5 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held by the Gretsch Revocable Trust, DTD 5/30/2008, of which the Reporting Person is the trustee.
F2 Represents shares of Common Stock that the holder donated as a gift to a donor advised fund.
F3 The shares are held by the Gregory C. Gretsch Trust, UAD 1/28/00, of which the Reporting Person is the trustee.
F4 The Reporting Person has sole voting and dispositive power over the shares held by each of Martis Creek Investments, L.P. - Fund 3, Martis Creek Investments, L.P. - Fund 4, and Martis Creek Investments, L.P. - Fund 5.