Ian Burk - 16 Dec 2022 Form 4 Insider Report for Upland Software, Inc. (UPLD)

Reporting relationship: Chief Business Officer
Issuer ticker: UPLD
Reported as of: 16 Dec 2022
Net transaction value: -$92,983
SEC form: 4
Accepted by SEC: 20 Dec 2022, 15:11:42 UTC
Prior SEC filing: 18 Nov 2022
Source filing: View source filing
Reporting owner signature: /s/ Kin Gill (as attorney-in-fact for Mr. Burk)

Key filing fact

Ian Burk filed Form 4 for Upland Software, Inc. (UPLD) on 20 Dec 2022.

Key facts

This page summarizes Ian Burk's Form 4 filing for Upland Software, Inc. (UPLD).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 20 Dec 2022, 15:11.

Change

Previous filing in this sequence was filed on 18 Nov 2022.
Current net transaction value: -$92,983.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UPLD transaction

Common Stock

Tax liability

Transaction value: $45,863
Shares: -5,740
Change %: -4.8%
Price: $7.99
Shares after: 113,313
Date: 16 Dec 2022
Ownership: Direct
Footnotes: F1

UPLD transaction

Common Stock

Sale

Transaction value: $47,120
Shares: -6,266
Change %: -5.5%
Price: $7.52
Shares after: 107,047
Date: 19 Dec 2022
Ownership: Direct
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. This is not an open market sale of securities.

Footnote F2

Shares were sold pursuant to shareholder's 10b5-1 trading plan.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.18 to $7.81, inclusive. The reporting person undertakes to provide to Upland Software, Inc., any security holder of Upland Software, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.