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

Role
Director
Signature
/s/Jacob McQuown, Attorney-in-Fact
Stock symbol
UPWK
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/11/2022, 06:12 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 Gift $0 -329K -34.14% $0.00 635K Apr 20, 2021 Direct
transaction UPWK Common Stock Gift $0 +329K $0.00 329K Apr 20, 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1
transaction UPWK CommonStock Gift $0 -392K -61.71% $0.00 243K Apr 23, 2021 Direct
transaction UPWK Common Stock Gift $0 +392K +119.05% $0.00 721K Apr 23, 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1
transaction UPWK Common Stock Gift $0 -14.8K -6.08% $0.00 228K Nov 4, 2021 Direct
transaction UPWK Common Stock Gift $0 +14.8K +2.05% $0.00 736K Nov 4, 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1
transaction UPWK Common Stock Gift $0 -14.8K -2.01% $0.00 721K Nov 4, 2021 By the Gretsch Revocable Trust DTD 5/30/2008 F1, F2
holding UPWK Common Stock 717K Dec 31, 2021 By Gregory C. Gretsch Trust, UAD 1/28/00 F3
holding UPWK Common Stock 25.9K Dec 31, 2021 By Trusts for Children
holding UPWK Common Stock 267K Dec 31, 2021 By Martis Creek Investments, L.P. - Fund 3 F4
holding UPWK Common Stock 95K Dec 31, 2021 By Martis Creek Investments, L.P. - Fund 4 F4
holding UPWK Common Stock 770K Dec 31, 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.