GLOBESPAN MANAGEMENT ASSOCIATES IV, LLC enters UPWORK, INC with 24.30K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Indirect Derivatives

GLOBESPAN MANAGEMENT ASSOCIATES IV, LLC

Filed: 10/2/2018ACC: 0001012975-18-001086

InsiderGLOBESPAN MANAGEMENT ASSOCIATES IV, LLCCIK 1754247

→

IssuerUPWORK, INCCIK 1627475

10% Owner

Since Oct 2018

24.30K

Baseline shares

0.00

Direct ownership

0 positions

12.55M

Derivative underlying

15 instruments

Security positions

24.30K indirect

Non-Derivative Holdings5

Common Stock

Indirect

Shares owned1.42K

Common Stock

Indirect

Shares owned562.00

Common Stock

Indirect

Shares owned1.28K

Common Stock

Indirect

Shares owned20.65K

Common Stock

Indirect

Shares owned389.00

Total

24.30K indirect24.30K

Security Title	Shares Owned	Ownership Type
Common Stock	1.42K	Indirect
Common Stock	562.00	Indirect
Common Stock	1.28K	Indirect
Common Stock	20.65K	Indirect
Common Stock	389.00	Indirect
Total	24.30K	24.30K indirect

Derivative Holdings15

Series A-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

21.47K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

787.89K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

48.79K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

54.17K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series B-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

1.40K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series B-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

2.03K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-2 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

673.76K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-2 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

9.80M

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-2 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

184.92K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series B-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

77.04K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series B-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

3.35K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

14.87K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-2 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

606.87K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series A-2 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

267.02K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Series B-1 Convertible Preferred Stock

Indirect

Underlying security

Common Stock

Underlying shares

3.74K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

12.55M

Owned

0.00

Security	Underlying	Exercise Window	Expiration	Underlying Shares	Shares Owned
Series A-1 Convertible Preferred Stock Indirect	Common Stock	—	—	21.47K	N/A
Series A-1 Convertible Preferred Stock Indirect	Common Stock	—	—	787.89K	N/A
Series A-1 Convertible Preferred Stock Indirect	Common Stock	—	—	48.79K	N/A
Series A-1 Convertible Preferred Stock Indirect	Common Stock	—	—	54.17K	N/A
Series B-1 Convertible Preferred Stock Indirect	Common Stock	—	—	1.40K	N/A
Series B-1 Convertible Preferred Stock Indirect	Common Stock	—	—	2.03K	N/A
Series A-2 Convertible Preferred Stock Indirect	Common Stock	—	—	673.76K	N/A
Series A-2 Convertible Preferred Stock Indirect	Common Stock	—	—	9.80M	N/A
Series A-2 Convertible Preferred Stock Indirect	Common Stock	—	—	184.92K	N/A
Series B-1 Convertible Preferred Stock Indirect	Common Stock	—	—	77.04K	N/A
Series B-1 Convertible Preferred Stock Indirect	Common Stock	—	—	3.35K	N/A
Series A-1 Convertible Preferred Stock Indirect	Common Stock	—	—	14.87K	N/A
Series A-2 Convertible Preferred Stock Indirect	Common Stock	—	—	606.87K	N/A
Series A-2 Convertible Preferred Stock Indirect	Common Stock	—	—	267.02K	N/A
Series B-1 Convertible Preferred Stock Indirect	Common Stock	—	—	3.74K	N/A
Total				12.55M	0.00