Michael Douglass Hill - Jan 29, 2024 Form 4 Insider Report for Upland Software, Inc. (UPLD)

Signature
/s/ Matthew Smith (as attorney-in-fact for M. Hill)
Stock symbol
UPLD
Transactions as of
Jan 29, 2024
Transactions value $
$0
Form type
4
Date filed
1/31/2024, 05:52 PM
Previous filing
Dec 19, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPLD Common Stock Award $0 +100K +39.87% $0.00 351K Jan 29, 2024 Direct F1
holding UPLD Common Stock 160K Jan 29, 2024 Held by MDH Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The RSUs vest in twelve equal quarterly installments starting on the three (3) month anniversary of the Vesting Commencement Date of December 16, 2023, provided that the Participant continues to be a Service Provider through each such vesting date. Notwithstanding the foregoing, in the event of the Participant's termination by the Company for any reason other than cause or if Participant leaves for Good Reason after a Change in Control (as defined in the Plan), then 100% of the RSUs shall become fully vested.
F2 Shares held by trust for the benefit of reporting person's family. Reporting person is the trustee of the trust.