YUAN HAN-SHEN (SVP, Engineering) sold 100K shares of UPWORK, INC on the open market
Open‑market sale worth $1.59M. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 5/17/2019ACC: 0001567619-19-011604
Officer· SVP, Engineering
Since Oct 2018
-100K
Net shares
Net seller
$1.59M
Total sold
2
Open market trades
0B · 2S
6
Total transactions
100K acquired · 200K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+50K
Price / share
$3.18
Trade value
$159K
% of position
New position
5/16/2019
0.00→50K
Common Stock
Direct
Shares
−50K
Price / share
$15.83
Trade value
$791.56K
% of position
New position
5/16/2019
50K→0.00
Common Stock
Direct
Shares
+50K
Price / share
$3.18
Trade value
$159K
% of position
New position
5/17/2019
0.00→50K
Common Stock
Direct
Shares
−50K
Price / share
$15.90
Trade value
$794.96K
% of position
New position
5/17/2019
50K→0.00
Total
Net shares
+0.00
Net value
-$1.27M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/16/2019 | M · Option Exercise | +50K | $3.18 | $159K | New position | 0.00 | 50K |
| Common Stock Direct | 5/16/2019 | S · Sale | −50K | $15.83 | $791.56K | New position | 50K | 0.00 |
| Common Stock Direct | 5/17/2019 | M · Option Exercise | +50K | $3.18 | $159K | New position | 0.00 | 50K |
| Common Stock Direct | 5/17/2019 | S · Sale | −50K | $15.90 | $794.96K | New position | 50K | 0.00 |
| Total | +0.00 | -$1.27M | ||||||
Derivative Transactions2
Employee Stock Option (right to buy)
Direct
Converts to
Common Stock
50K shares
Shares
−50K
Strike price
3.18
Held after
400K
Exercisable
—
5/16/2019
Employee Stock Option (right to buy)
Direct
Converts to
Common Stock
50K shares
Shares
−50K
Strike price
3.18
Held after
350K
Exercisable
—
5/17/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy) Direct | Common Stock50K shares | 5/16/2019 | M · Option Exercise | −50K | 3.18 | — | 400K |
| Employee Stock Option (right to buy) Direct | Common Stock50K shares | 5/17/2019 | M · Option Exercise | −50K | 3.18 | — | 350K |