Brown Hayden's Form 4 filing
Upwork, Inc (UPWK) · filed Nov 21, 2023
- Accession no.
- 0001562180-23-007858
- Filed
- Nov 21, 2023
- Trade date
- Nov 18-20, 2023
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
This filing lists 6 non-derivative transactions and 5 derivative transactions. Open-market sales total $319.3K. It was filed 3 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Brown HaydenCIK 0001753662 | Director, Officer (President & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 18, 2023 | Common Stock | MOption exerciseAcquired | +5,098 | –F1 | – | 1,063,973 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseAcquired | +2,562 | –F1 | – | 1,066,535 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseAcquired | +9,589 | –F1 | – | 1,076,124 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseAcquired | +7,611 | –F1 | – | 1,083,735 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseAcquired | +18,333 | –F1 | – | 1,102,068 | Direct | |
| Nov 20, 2023 | Common Stock | SSaleDisposed | −22,177 | $14.40F3 | −$319,348.8 | 1,079,891 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 18, 2023 | Common Stock | MOption exerciseDisposed | −5,098 | $0.00 | $0 | 25,500 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseDisposed | −2,562 | $0.00 | $0 | 12,813 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseDisposed | −9,589 | $0.00 | $0 | 86,301 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseDisposed | −7,611 | $0.00 | $0 | 68,493 | Direct | |
| Nov 18, 2023 | Common Stock | MOption exerciseDisposed | −18,333 | $0.00 | $0 | 238,334 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
Referenced by the price of 5 transactions in Table I.
- F3
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.22 to $14.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table I.