Key facts
- This page summarizes Eric Gilpin's Form 4 filing for UPWORK, INC (UPWK).
- 15 reported transactions and 8 derivative rows are listed below.
- Accepted by SEC: 22 Feb 2023, 19:35.
Eric Gilpin - 18 Feb 2023 Form 4 Insider Report for UPWORK, INC (UPWK)
- Reporting relationship
- Chief Sales Officer
- Issuer ticker
- UPWK
- Reported as of
- 18 Feb 2023
- Net transaction value
- -$129,928
- SEC form
- 4
- Accepted by SEC
- 22 Feb 2023, 19:35:37 UTC
- Prior SEC filing
- 22 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jacob McQuown, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Eric Gilpin filed Form 4 for UPWORK, INC (UPWK) on 22 Feb 2023.
Change
- Previous filing in this sequence was filed on 22 Nov 2022.
- Current net transaction value: -$129,928.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
UPWK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +6,735
- Change %
- +17%
- Price
- Shares after
- 45,973
- Date
- 18 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
UPWK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +263
- Change %
- +0.57%
- Price
- Shares after
- 46,236
- Date
- 18 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
UPWK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +526
- Change %
- +1.1%
- Price
- Shares after
- 46,762
- Date
- 18 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
UPWK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +8,790
- Change %
- +19%
- Price
- Shares after
- 55,552
- Date
- 18 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
UPWK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +3,924
- Change %
- +7.1%
- Price
- Shares after
- 59,476
- Date
- 18 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
UPWK
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +3,043
- Change %
- +5.1%
- Price
- Shares after
- 62,519
- Date
- 18 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
UPWK
transaction
Common Stock
Sale
- Transaction value
- $129,928
- Shares
- -11,331
- Change %
- -18%
- Price
- $11.47
- Shares after
- 51,188
- Date
- 21 Feb 2023
- Ownership
- Direct
- Footnotes
- F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Award
- Transaction value
- $0
- Shares
- +35,159
- Change %
- Price
- $0.000000
- Shares after
- 35,159
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 35,159
- Exercise price
- Footnotes
- F1, F4
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Award
- Transaction value
- $0
- Shares
- +40,000
- Change %
- Price
- $0.000000
- Shares after
- 40,000
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 40,000
- Exercise price
- Footnotes
- F1, F5
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -6,735
- Change %
- -20%
- Price
- $0.000000
- Shares after
- 26,940
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,735
- Exercise price
- Footnotes
- F1, F6
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -263
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 2,090
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 263
- Exercise price
- Footnotes
- F1, F7
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -526
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 4,205
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 526
- Exercise price
- Footnotes
- F1, F8
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -8,790
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 26,369
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,790
- Exercise price
- Footnotes
- F1, F4
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -3,924
- Change %
- -7.7%
- Price
- $0.000000
- Shares after
- 47,089
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,924
- Exercise price
- Footnotes
- F1, F9
UPWK
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -3,043
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 6,086
- Date
- 18 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,043
- Exercise price
- Footnotes
- F1, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote F1
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
Footnote F2
Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
Footnote F3
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.38 to $11.62 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Footnote F4
The RSUs vest 25% on February 18, 2023, and then 6.25% of the total shares vest on each quarterly anniversary thereafter, subject to the Reporting Person's continued employment with the Issuer on each vesting date.
Footnote F5
The RSUs vest in equal quarterly installments over four years beginning on May 18, 2023, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.
Footnote F6
The RSUs vest in equal quarterly installments over four years beginning on May 18, 2020, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.
Footnote F7
The RSUs vest 25% on February 18, 2022, and then 6.25% of the total shares vest on each quarterly anniversary thereafter, subject to the Reporting Person's continued employment with the Issuer on each vesting date.
Footnote F8
The RSUs vest in equal quarterly installments over four years beginning on May 18, 2021, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.
Footnote F9
The RSUs vest in equal quarterly installments over four years beginning on May 18, 2022, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.
Footnote F10
The RSUs vest in equal quarterly installments on each quarterly anniversary, beginning on November 18, 2022 over four quarters of continuous service, subject to the continuing employment of the Reporting Person with the Issuer on each vesting date.