D. TROM - 13 Aug 2021 Form 4 Insider Report for WORKIVA INC (WK)

Role
Executive VP & CTO
Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Jeffrey D. Trom
Issuer symbol
WK
Transactions as of
13 Aug 2021
Transactions value $
$0
Form type
4
Filing time
17 Aug 2021, 16:54:55 UTC
Previous filing
11 Aug 2021
Next filing
27 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WK Class A Common Stock Conversion of derivative security $0 +140K $0.00 140K 13 Aug 2021 By revocable trust
holding WK Class A Common Stock 271K 13 Aug 2021 Direct

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
transaction WK Class B Common Stock Conversion of derivative security $0 -140K -55.2% $0.00 114K 13 Aug 2021 Class A Common Stock 140K By revocable trust F1
holding WK Class B Common Stock 328K 13 Aug 2021 Class A Common Stock 328K By charitable remainder trust F1
holding WK Class B Common Stock 57K 13 Aug 2021 Class A Common Stock 57K By irrevocable trust F1
holding WK Class B Common Stock 57K 13 Aug 2021 Class A Common Stock 57K By irrevocable trust F1
holding WK Class B Common Stock 57K 13 Aug 2021 Class A Common Stock 57K By irrevocable trust F1
holding WK Employee Stock Option to Purchase Class A Common Stock 25.2K 13 Aug 2021 Class A Common Stock 25.2K $12.40 Direct F2, F3
holding WK Employee Stock Option to Purchase Class A Common Stock 21.2K 13 Aug 2021 Class A Common Stock 21.2K $14.74 Direct F2, F3
holding WK Employee Stock Option to Purchase Class A Common Stock 160K 13 Aug 2021 Class A Common Stock 160K $15.83 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 Granted pursuant to the 2014 Equity Incentive Plan.
F3 Vests in three equal annual installments commencing on the first anniversary of the grant date.
F4 Granted pursuant to 2009 Unit Incentive Plan.
F5 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.