Kevin Harvey - Jun 2, 2022 Form 4 Insider Report for UPWORK, INC (UPWK)

Role
Director
Signature
/s/ An-Yen Hu, by power of attorney for Kevin R. Harvey
Stock symbol
UPWK
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 08:08 PM
Previous filing
May 16, 2022
Next filing
Jun 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPWK Common Stock Award $0 +10.2K +24.31% $0.00 52.1K Jun 2, 2022 Direct F1
transaction UPWK Common Stock Award $0 +3.03K +5.81% $0.00 55.1K Jun 2, 2022 Direct F2
holding UPWK Common Stock 1.75M Jun 2, 2022 See footnote F3
holding UPWK Common Stock 814K Jun 2, 2022 See footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of RSUs. The RSUs vest 100% on the earlier of (a) the date immediately prior to the Issuer's 2023 annual meeting of stockholders and (b) June 2, 2023, in each case subject to the continuing service of the Reporting Person through such date.
F2 Represents an award of RSUs. The RSUs vest quarterly over four quarters (with the first such vesting date occurring on September 30, 2022), subject to the continuing service of the Reporting Person on each vesting date; provided, however, that the final quarterly installment shall fully vest on the earlier of (a) the date immediately prior to the Issuer's 2023 annual meeting of stockholders and (b) the date that is the last day of the last full quarter of the vesting of such award, in each case subject to the continuing service of the Reporting Person through such date.
F3 Shares are held by a limited liability company controlled by the Reporting Person.
F4 Shares are held by the Reporting Person's family trust.