Martin J. Vanderploeg - Sep 1, 2021 Form 4 Insider Report for WORKIVA INC (WK)

Role: President & CEO, Director
Signature: /s/ Brandon E. Ziegler as attorney-in-fact for Martin J. Vanderploeg
Stock symbol: WK
Transactions as of: Sep 1, 2021
Transactions value $: $2,760,005
Form type: 4
Date filed: 9/2/2021, 04:10 PM
Previous filing: Aug 20, 2021
Next filing: Sep 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WK	Class A Common Stock	Award	$2.76M	+19.3K	+5.4%	$142.85	377K	Sep 1, 2021	Direct	F1, F2
holding	WK	Class A Common Stock						204K	Sep 1, 2021	By living trust

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						1.18M	Sep 1, 2021	Class A Common Stock	1.18M		By living trust	F3
holding	WK	Class B Common Stock						889K	Sep 1, 2021	Class A Common Stock	889K		By charitable remainder trust	F3
holding	WK	Employee Stock Option to Purchase Class A Common Stock						200K	Sep 1, 2021	Class A Common Stock	200K	$12.40	Direct	F4, F5
holding	WK	Employee Stock Option to Purchase Class A Common Stock						168K	Sep 1, 2021	Class A Common Stock	168K	$14.74	Direct	F4, F5
holding	WK	Employee Stock Option to Purchase Class A Common Stock						134K	Sep 1, 2021	Class A Common Stock	134K	$15.83	Direct	F6, F7

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

Explanation of Responses:

Id	Content
F1	Grant of restricted stock units pursuant to the 2014 Equity Incentive Plan.
F2	Vests as to 25% of the shares on each of the first and second anniversaries of the grant date, and 50% of the shares on the third anniversary of the grant date.
F3	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).
F4	Grant of stock option pursuant to the 2014 Equity Incentive Plan.
F5	Vests in three equal annual installments commencing on the first anniversary of the grant date.
F6	Granted pursuant to 2009 Unit Incentive Plan.
F7	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.