4//SEC Filing
Benchmark Capital Management Co. V, L.L.C. 4
Accession 0001209191-19-045433
CIK 0001627475other
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 9:09 AM ET
Size
13.0 KB
Accession
0001209191-19-045433
Insider Transaction Report
Form 4
Upwork Inc.UPWK
Benchmark Capital Partners V L P
10% Owner
Transactions
- Other
Common Stock
2019-08-08−3,000,000→ 9,852,570 total(indirect: See footnote)
Transactions
- Other
Common Stock
2019-08-08−3,000,000→ 9,852,570 total(indirect: See footnote)
Benchmark Founders Fund V-B LP
10% Owner
Transactions
- Other
Common Stock
2019-08-08−3,000,000→ 9,852,570 total(indirect: See footnote)
BENCHMARK FOUNDERS FUND V LP
10% Owner
Transactions
- Other
Common Stock
2019-08-08−3,000,000→ 9,852,570 total(indirect: See footnote)
Benchmark Founders Fund V-A LP
10% Owner
Transactions
- Other
Common Stock
2019-08-08−3,000,000→ 9,852,570 total(indirect: See footnote)
Footnotes (2)
- [F1]Represents a pro-rata, in-kind distribution by BCP V and its affiliated funds and associated persons, without additional consideration, to their respective partners, members and assigns.
- [F2]Shares are held directly by Benchmark Capital Partners V, L.P. ("BCP V"), as nominee for BCP V, Benchmark Founders' Fund V, L.P. ("BFF V"), Benchmark Founders' Fund V-A, L.P. ("BFF V-A"), Benchmark Founders' Fund V-B, L.P. ("BFF V-B") and related persons. Benchmark Capital Management Co. V, L.L.C. ("BCMC V"), the general partner of BCP V, BFF V, BFF V-A and BFF V-B, may be deemed to have sole voting and dispositive power over such shares. Alexandre Balkanski, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey, Robert C. Kagle, Mitchell H. Lasky and Steven M. Spurlock, the managing members of BCMC V, may be deemed to share voting and dispositive power over these shares. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of any securities (except to the extent of such person's or entity's pecuniary interest in such securities).
Documents
Issuer
Upwork Inc.
CIK 0001627475
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001511025
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 9:09 AM ET
- Size
- 13.0 KB