secwatch.observer — SEC 8-K summary
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Issuer:     UPWORK, INC (UPWK)
CIK:        0001627475
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0001627475-23-000039
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upwork shareholders approve officer exculpation provision; Srinivasan and Steele re-elected
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- Stockholders approved restated certificate to exculpate officers from monetary liability for breach of duty of care (89.4M for, 4.5M against).
- Leela Srinivasan re-elected with 80.4M votes for (85.5% of votes cast excluding broker non-votes).
- Gary Steele re-elected with 65.0M votes for (69.1% of votes cast) and 7.6M abstentions.
- Advisory say-on-pay passed with 52.9M for (56.3%) – relatively low support.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1627475/000162747523000039/0001627475-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1627475/000162747523000039/upwork-20230609.htm
  HTML page:      https://secwatch.observer/filing/0001627475-23-000039

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer