MCCOMBS JEFF (Chief Financial Officer) sold 17.9% of their position (4.08K shares) of UPWORK, INC on the open market

Open‑market sale worth $75.6K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

MCCOMBS JEFF

Filed: 8/22/2022ACC: 0001209191-22-047087

InsiderMCCOMBS JEFFCIK 1819126

→

IssuerUPWORK, INCCIK 1627475

Officer· Chief Financial Officer

Since Aug 2020

+8.09K

Net shares

Net buyer

$75.6K

Total sold

Open market trades

0B · 1S

Total transactions

21.51K acquired · 13.42K disposed

Non-Derivative Transactions4

Common Stock

Direct

M · Option Exercise

+732.00

Price / share

—

Trade value

—

% of position

5.5%

8/18/2022

13.43K→14.16K

Common Stock

Direct

M · Option Exercise

+1.47K

Price / share

—

Trade value

—

% of position

10.4%

8/18/2022

14.16K→15.63K

Common Stock

Direct

M · Option Exercise

+7.13K

Price / share

—

Trade value

—

% of position

45.6%

8/18/2022

15.63K→22.77K

Common Stock

Direct

S · Sale

−4.08K

Price / share

$18.54

Trade value

$75.61K

% of position

17.9%

8/18/2022

22.77K→18.69K

Total

Net shares

+5.26K

Net value

-$75.61K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/18/2022	M · Option Exercise	+732.00	—	—	5.5%	13.43K	14.16K
Common Stock Direct	8/18/2022	M · Option Exercise	+1.47K	—	—	10.4%	14.16K	15.63K
Common Stock Direct	8/18/2022	M · Option Exercise	+7.13K	—	—	45.6%	15.63K	22.77K
Common Stock Direct	8/18/2022	S · Sale	−4.08K	$18.54	$75.61K	17.9%	22.77K	18.69K
Total			+5.26K		-$75.61K

Derivative Transactions4

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

732.00 shares

−732.00

Strike price

Held after

7.32K

Exercisable

—

8/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

1.47K shares

−1.47K

Strike price

Held after

14.72K

Exercisable

—

8/18/2022

Restricted Stock Units (RSU)

Direct

M · Option Exercise

Converts to

Common Stock

7.13K shares

−7.13K

Strike price

Held after

99.89K

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 Stock732.00 shares	8/18/2022	M · Option Exercise	−732.00	—	7.32K
Restricted Stock Units (RSU) Direct	Common Stock1.47K shares	8/18/2022	M · Option Exercise	−1.47K	—	14.72K
Restricted Stock Units (RSU) Direct	Common Stock7.13K shares	8/18/2022	M · Option Exercise	−7.13K	—	99.89K