Hayden Brown - Dec 9, 2024 Form 4 Insider Report for UPWORK, INC (UPWK)

Role
President & CEO, Director
Signature
/s/ Jacob McQuown, Attorney-in-Fact
Stock symbol
UPWK
Transactions as of
Dec 9, 2024
Transactions value $
$250,972
Form type
4
Date filed
12/11/2024, 07:01 PM
Previous filing
Dec 2, 2024
Next filing
Dec 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UPWK Common Stock Options Exercise $251K +68.2K +5.77% $3.68 1.25M Dec 9, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UPWK Stock Option (Right to Buy) Options Exercise $0 -68.2K -26.06% $0.00 194K Dec 9, 2024 Common Stock 68.2K $3.68 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction reflects a cash exercise of stock options without a subsequent sale of the underlying shares of common stock.
F2 The option is fully vested and exercisable.