Martin J. Vanderploeg - Jun 18, 2021 Form 4 Insider Report for WORKIVA INC (WK)

Role
President & CEO, Director, 10%+ Owner
Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Martin J. Vanderploeg
Stock symbol
WK
Transactions as of
Jun 18, 2021
Transactions value $
-$3,799,054
Form type
4
Date filed
6/22/2021, 04:22 PM
Next filing
Jun 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WK Class A Common Stock Gift $0 -22.6K -5.93% $0.00 358K Feb 9, 2021 Direct F1
transaction WK Class A Common Stock Gift $0 +22.6K +45.14% $0.00 72.6K Feb 9, 2021 By living trust F1, F2
transaction WK Class A Common Stock Sale -$1.09M -10.2K -14.04% $106.76 62.4K Jun 18, 2021 By living trust F3, F4
transaction WK Class A Common Stock Sale -$787K -7.31K -11.72% $107.63 55.1K Jun 18, 2021 By living trust F3, F5
transaction WK Class A Common Stock Sale -$96.2K -900 -1.63% $106.90 54.2K Jun 21, 2021 By living trust F3, F6
transaction WK Class A Common Stock Sale -$219K -2.01K -3.72% $108.61 52.2K Jun 21, 2021 By living trust F3, F7
transaction WK Class A Common Stock Sale -$508K -4.63K -8.88% $109.70 47.5K Jun 21, 2021 By living trust F3, F8
transaction WK Class A Common Stock Sale -$1.1M -9.96K -20.95% $110.64 37.6K Jun 21, 2021 By living trust F3, F9

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WK Class B Common Stock 2.1M Jun 18, 2021 Class A Common Stock 2.1M By living trust F10
holding WK Class B Common Stock 889K Jun 18, 2021 Class A Common Stock 889K By charitable remainder trust F10
holding WK Employee Stock Option to Purchase Class A Common Stock 200K Jun 18, 2021 Class A Common Stock 200K $12.40 Direct F11, F12
holding WK Employee Stock Option to Purchase Class A Common Stock 168K Jun 18, 2021 Class A Common Stock 168K $14.74 Direct F11, F12
holding WK Employee Stock Option to Purchase Class A Common Stock 178K Jun 18, 2021 Class A Common Stock 178K $15.83 Direct F13, F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a gift of securities by the reporting person to a revocable living trust.
F2 Due to an administrative error, 50,000 shares were reported on February 3, 2021 as directly held instead of indirectly held through a revocable living trust.
F3 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2021 in accordance with Rule 10b5-1 of Securities Exchange Act of 1934, as amended. This Rule 10b5-1 plan provides for fixed sales of a total of up to 315,000 shares of Class A Common Stock through January 2022.
F4 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $106.26 to $107.24. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F5 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $107.29 to $108.14. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F6 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $106.72 to $107.24. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F7 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $108.12 to $109.00. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F8 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $109.23 to $110.22. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F9 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $110.23 to $111.17. For all transactions reported in this Form 4 utilizing a weighted-average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.
F10 Each share of Class B Common Stock is convertible, at any time at the election of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon (i) the date specified by the holders of at least 66 2/3% of the outstanding shares of Class B Common Stock, (ii) any transfer, except for certain "qualified transfers" (as defined in the Issuer's Certificate of Incorporation) or (iii) upon the death of a natural person holding shares of Class B Common Stock (subject to certain exceptions as defined in the Issuer's Certificate of Incorporation).
F11 Grant of stock option pursuant to the 2014 Equity Incentive Plan.
F12 Vests in three equal annual installments commencing on the first anniversary of the grant date.
F13 Granted pursuant to 2009 Unit Incentive Plan.
F14 Vests as to 25% of the shares on the first anniversary of the grant date and as to 6.25% of the shares at the end of each three-month period thereafter.