GILPIN ERIC (Senior VP, Sales) sold 14.4% of their position (5.35K shares) of UPWORK, INC on the open market

Open‑market sale worth $99.2K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

GILPIN ERIC

Filed: 8/22/2022ACC: 0001209191-22-047086

InsiderGILPIN ERICCIK 1809355

→

IssuerUPWORK, INCCIK 1627475

Officer· Senior VP, Sales

Since Apr 2020

+6.82K

Net shares

Net buyer

$99.2K

Total sold

Open market trades

0B · 1S

Total transactions

23.62K acquired · 16.80K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+6.74K

Price / share

—

Trade value

—

% of position

26.1%

8/18/2022

25.83K→32.57K

Common Stock

Direct

M · Option Exercise

+263.00

Price / share

—

Trade value

—

% of position

0.8%

8/18/2022

32.57K→32.83K

Common Stock

Direct

M · Option Exercise

+525.00

Price / share

—

Trade value

—

% of position

1.6%

8/18/2022

32.83K→33.36K

Common Stock

Direct

M · Option Exercise

+3.92K

Price / share

—

Trade value

—

% of position

11.8%

8/18/2022

33.36K→37.28K

Common Stock

Direct

S · Sale

−5.35K

Price / share

$18.54

Trade value

$99.21K

% of position

14.4%

8/18/2022

37.28K→31.93K

Total

Net shares

+6.10K

Net value

-$99.21K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/18/2022	M · Option Exercise	+6.74K	—	—	26.1%	25.83K	32.57K
Common Stock Direct	8/18/2022	M · Option Exercise	+263.00	—	—	0.8%	32.57K	32.83K
Common Stock Direct	8/18/2022	M · Option Exercise	+525.00	—	—	1.6%	32.83K	33.36K
Common Stock Direct	8/18/2022	M · Option Exercise	+3.92K	—	—	11.8%	33.36K	37.28K
Common Stock Direct	8/18/2022	S · Sale	−5.35K	$18.54	$99.21K	14.4%	37.28K	31.93K
Total			+6.10K		-$99.21K

Derivative Transactions5

Restricted Stock Units (RSU)

Direct

A · Award

Converts to

Common Stock

12.17K shares

+12.17K

Strike price

Held after

12.17K

Exercisable

—

8/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

6.74K shares

−6.74K

Strike price

Held after

40.41K

Exercisable

—

8/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

263.00 shares

−263.00

Strike price

Held after

2.61K

Exercisable

—

8/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

525.00 shares

−525.00

Strike price

Held after

5.26K

Exercisable

—

8/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

3.92K shares

−3.92K

Strike price

Held after

54.94K

Exercisable

—

8/18/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units (RSU) Direct	Common Stock12.17K shares	8/18/2022	A · Award	+12.17K	—	12.17K
Restricted Stock Units (RSU) Direct	Common Stock6.74K shares	8/18/2022	M · Option Exercise	−6.74K	—	40.41K
Restricted Stock Units (RSU) Direct	Common Stock263.00 shares	8/18/2022	M · Option Exercise	−263.00	—	2.61K
Restricted Stock Units (RSU) Direct	Common Stock525.00 shares	8/18/2022	M · Option Exercise	−525.00	—	5.26K
Restricted Stock Units (RSU) Direct	Common Stock3.92K shares	8/18/2022	M · Option Exercise	−3.92K	—	54.94K