LAYTON THOMAS 4
4 · UPWORK, INC · Filed Jun 13, 2023
Insider Transaction Report
Form 4
UPWORK, INCUPWK
LAYTON THOMAS
Director
Transactions
- Award
Common Stock
2023-06-09+22,424→ 46,531 total - Award
Common Stock
2023-06-09+6,666→ 53,197 total - Award
Common Stock
2023-06-09+7,272→ 60,469 total
Holdings
- 3,971,975(indirect: See footnote)
Common Stock
- 135,911(indirect: See footnote)
Common Stock
Footnotes (4)
- [F1]Represents an award of RSUs. The RSUs vest 100% on the earlier of (a) the date immediately prior to the Issuer's 2024 annual meeting of stockholders and (b) June 9, 2024, in each case subject to the continuing service of the Reporting Person through such date.
- [F2]Represents an award of RSUs. The RSUs vest quarterly over four quarters (with the first such vesting date occurring on September 30, 2023), subject to the continuing service of the Reporting Person on each vesting date; provided, however, that the final quarterly installment shall fully vest on the earlier of (a) the date immediately prior to the Issuer's 2024 annual meeting of stockholders and (b) the date that is the last day of the last full quarter of the vesting of such award, in each case subject to the continuing service of the Reporting Person through such date.
- [F3]Held by Thomas H. Layton or Gabrielle M. Layton, or their successors, as trustees of the Layton Community Property Trust dated November 29, 1999, as amended.
- [F4]Held by Thomas Layton, Trustee of the Thomas H. Layton Separate Property Revocable Trust dtd 11/29/99.