JOHN T. MCDONALD - 18 Jun 2021 Form 4 Insider Report for Upland Software, Inc. (UPLD)

Role: CEO, Director
Signature: /s/ Kin Gill (as attorney-in-fact for Mr. McDonald)
Issuer symbol: UPLD
Transactions as of: 18 Jun 2021
Transactions value $: -$426,511
Form type: 4
Filing time: 21 Jun 2021, 19:06:48 UTC
Previous filing: 18 May 2021
Next filing: 02 Jul 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UPLD	Common Stock	Sale	-$424,447	-10,322	-0.76%	$41.12^*	1,355,153	18 Jun 2021	Direct	F1, F2
transaction	UPLD	Common Stock	Sale	-$2,062	-51	-0%	$40.45^*	1,355,102	21 Jun 2021	Direct
holding	UPLD	Common Stock						153,738	18 Jun 2021	By National Financial Services as Cust FBO J. McDonald RRA

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares were sold pursuant to a 10b5-1 plan to cover the tax withholding obligations in connection with the vesting of restricted stock units.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.99 to $41.49, inclusive. The reporting person undertakes to provide to Upland Software, Inc., any security holder of Upland Software, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.

Content

Shares were sold pursuant to a 10b5-1 plan to cover the tax withholding obligations in connection with the vesting of restricted stock units.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.99 to $41.49, inclusive. The reporting person undertakes to provide to Upland Software, Inc., any security holder of Upland Software, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.