GILPIN ERIC (Senior VP, Sales) sold 17.6% of their position (5.51K shares) of UPWORK, INC on the open market

Open‑market sale worth $88.5K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

GILPIN ERIC

Filed: 5/20/2022ACC: 0001209191-22-031154

InsiderGILPIN ERICCIK 1809355

→

IssuerUPWORK, INCCIK 1627475

Officer· Senior VP, Sales

Since Apr 2020

-5.51K

Net shares

Net seller

$88.5K

Total sold

Open market trades

0B · 1S

Total transactions

11.45K acquired · 16.95K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+6.73K

Price / share

—

Trade value

—

% of position

33.8%

5/18/2022

19.90K→26.63K

Common Stock

Direct

M · Option Exercise

+261.00

Price / share

—

Trade value

—

% of position

1.0%

5/18/2022

26.63K→26.89K

Common Stock

Direct

M · Option Exercise

+526.00

Price / share

—

Trade value

—

% of position

2.0%

5/18/2022

26.89K→27.42K

Common Stock

Direct

M · Option Exercise

+3.92K

Price / share

—

Trade value

—

% of position

14.3%

5/18/2022

27.42K→31.34K

Common Stock

Direct

S · Sale

−5.51K

Price / share

$16.07

Trade value

$88.51K

% of position

17.6%

5/18/2022

31.34K→25.83K

Total

Net shares

+5.94K

Net value

-$88.51K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/18/2022	M · Option Exercise	+6.73K	—	—	33.8%	19.90K	26.63K
Common Stock Direct	5/18/2022	M · Option Exercise	+261.00	—	—	1.0%	26.63K	26.89K
Common Stock Direct	5/18/2022	M · Option Exercise	+526.00	—	—	2.0%	26.89K	27.42K
Common Stock Direct	5/18/2022	M · Option Exercise	+3.92K	—	—	14.3%	27.42K	31.34K
Common Stock Direct	5/18/2022	S · Sale	−5.51K	$16.07	$88.51K	17.6%	31.34K	25.83K
Total			+5.94K		-$88.51K

Derivative Transactions4

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

6.73K shares

−6.73K

Strike price

Held after

47.15K

Exercisable

—

5/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

261.00 shares

−261.00

Strike price

Held after

2.88K

Exercisable

—

5/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

526.00 shares

−526.00

Strike price

Held after

5.78K

Exercisable

—

5/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

3.92K shares

−3.92K

Strike price

Held after

58.86K

Exercisable

—

5/18/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units (RSU) Direct	Common Stock6.73K shares	5/18/2022	M · Option Exercise	−6.73K	—	47.15K
Restricted Stock Units (RSU) Direct	Common Stock261.00 shares	5/18/2022	M · Option Exercise	−261.00	—	2.88K
Restricted Stock Units (RSU) Direct	Common Stock526.00 shares	5/18/2022	M · Option Exercise	−526.00	—	5.78K
Restricted Stock Units (RSU) Direct	Common Stock3.92K shares	5/18/2022	M · Option Exercise	−3.92K	—	58.86K