SEC Form 4 · accession 0001289889-15-000002
Upland Software, Inc. · UPLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Douglass Hill
Officer — CFO,Treasurer & Asst Secretary
Period of report
May 12, 2015
Accepted (ET)
May 14, 2015 · 6:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001505155
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 12, 2015 | A | 40,000 | $0.00 | A | 207,397 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Unvested shares are subject to forfeiture to the Company. The shares will vest over a time period measured from a vesting commencement date of 1/1/2015 as follows: one-third of the shares vest on the first anniversary of the vesting commencement date, one-third of the shares vest in equal twelve installments on the corresponding day of each month over the period from the first anniversary of the vesting commencement date to the second anniversary of the vesting commencement date, one-third of the shares vest in equal twelve installments on the corresponding day of each month over the period from the second anniversary of the vesting commencement date to the third anniversary of the vesting commencement date, in each case subject to the reporting person continuing as a service provider through the applicable vesting date.