UPWORK INC

Ticker: UPWK CUSIP: 91688F104 Class: Common Stock

Kerrisdale Advisers, LLC's Holding History (CIK: 0001569688)

Note: Option positions (PUT/CALL) are excluded.

Q4 2020

Shares 154,602 Value ($000) $5,337 Avg Close $28.59 Range $17.61 - $41.42

Q3 2020

Shares 698,206 Value ($000) $12,177 Avg Close $14.97 Range $12.96 - $17.80

Q2 2020

Shares 698,206 Value ($000) $10,082 Avg Close $10.50 Range $5.31 - $14.69

Q1 2020

Shares 698,206 Value ($000) $4,503 Avg Close $8.58 Range $5.14 - $10.66

Q4 2019

Shares 920,000 Value ($000) $9,816 Avg Close $12.60 Range $9.35 - $15.53

Q3 2019

Shares 10,000 Value ($000) $133 Avg Close $15.25 Range $12.87 - $17.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	154,602	$5,337	$28.59	$17.61 - $41.42
Q3 2020	698,206	$12,177	$14.97	$12.96 - $17.80
Q2 2020	698,206	$10,082	$10.50	$5.31 - $14.69
Q1 2020	698,206	$4,503	$8.58	$5.14 - $10.66
Q4 2019	920,000	$9,816	$12.60	$9.35 - $15.53
Q3 2019	10,000	$133	$15.25	$12.87 - $17.75