GILPIN ERIC (Senior VP, Sales) sold 15.5% of their position (7.18K shares) of UPWORK, INC on the open market

Open‑market sale worth $86.6K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

GILPIN ERIC

Filed: 11/22/2022ACC: 0001209191-22-058540

InsiderGILPIN ERICCIK 1809355

→

IssuerUPWORK, INCCIK 1627475

Officer· Senior VP, Sales

Since Apr 2020

-7.18K

Net shares

Net seller

$86.6K

Total sold

Open market trades

0B · 1S

Total transactions

14.49K acquired · 21.67K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+6.74K

Price / share

—

Trade value

—

% of position

21.1%

11/18/2022

31.93K→38.66K

Common Stock

Direct

M · Option Exercise

+261.00

Price / share

—

Trade value

—

% of position

0.7%

11/18/2022

38.66K→38.92K

Common Stock

Direct

M · Option Exercise

+526.00

Price / share

—

Trade value

—

% of position

1.4%

11/18/2022

38.92K→39.45K

Common Stock

Direct

M · Option Exercise

+3.92K

Price / share

—

Trade value

—

% of position

9.9%

11/18/2022

39.45K→43.38K

Common Stock

Direct

M · Option Exercise

+3.04K

Price / share

—

Trade value

—

% of position

7.0%

11/18/2022

43.38K→46.42K

Common Stock

Direct

S · Sale

−7.18K

Price / share

$12.06

Trade value

$86.61K

% of position

15.5%

11/21/2022

46.42K→39.24K

Total

Net shares

+7.31K

Net value

-$86.61K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	11/18/2022	M · Option Exercise	+6.74K	—	—	21.1%	31.93K	38.66K
Common Stock Direct	11/18/2022	M · Option Exercise	+261.00	—	—	0.7%	38.66K	38.92K
Common Stock Direct	11/18/2022	M · Option Exercise	+526.00	—	—	1.4%	38.92K	39.45K
Common Stock Direct	11/18/2022	M · Option Exercise	+3.92K	—	—	9.9%	39.45K	43.38K
Common Stock Direct	11/18/2022	M · Option Exercise	+3.04K	—	—	7.0%	43.38K	46.42K
Common Stock Direct	11/21/2022	S · Sale	−7.18K	$12.06	$86.61K	15.5%	46.42K	39.24K
Total			+7.31K		-$86.61K

Derivative Transactions5

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

6.74K shares

−6.74K

Strike price

Held after

33.67K

Exercisable

—

11/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

261.00 shares

−261.00

Strike price

Held after

2.35K

Exercisable

—

11/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

526.00 shares

−526.00

Strike price

Held after

4.73K

Exercisable

—

11/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

3.92K shares

−3.92K

Strike price

Held after

51.01K

Exercisable

—

11/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

3.04K shares

−3.04K

Strike price

Held after

9.13K

Exercisable

—

11/18/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units (RSU) Direct	Common Stock6.74K shares	11/18/2022	M · Option Exercise	−6.74K	—	33.67K
Restricted Stock Units (RSU) Direct	Common Stock261.00 shares	11/18/2022	M · Option Exercise	−261.00	—	2.35K
Restricted Stock Units (RSU) Direct	Common Stock526.00 shares	11/18/2022	M · Option Exercise	−526.00	—	4.73K
Restricted Stock Units (RSU) Direct	Common Stock3.92K shares	11/18/2022	M · Option Exercise	−3.92K	—	51.01K
Restricted Stock Units (RSU) Direct	Common Stock3.04K shares	11/18/2022	M · Option Exercise	−3.04K	—	9.13K