D. Trom - Sep 24, 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
Stock symbol
WK
Transactions as of
Sep 24, 2021
Transactions value $
-$3,760,468
Form type
4
Date filed
9/28/2021, 04:17 PM
Previous filing
Sep 2, 2021
Next filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WK Class A Common Stock Sale -$884K -5.91K -5.14% $149.60 109K Sep 24, 2021 By revocable trust F1, F2
transaction WK Class A Common Stock Sale -$1.95M -13K -11.91% $150.39 96.1K Sep 24, 2021 By revocable trust F1, F3
transaction WK Class A Common Stock Sale -$817K -5.4K -5.62% $151.17 90.7K Sep 24, 2021 By revocable trust F1, F4
transaction WK Class A Common Stock Sale -$106K -700 -0.77% $152.06 90K Sep 24, 2021 By revocable trust F1, F5
holding WK Class A Common Stock 284K Sep 24, 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
holding WK Class B Common Stock 114K Sep 24, 2021 Class A Common Stock 114K By revocable trust F6
holding WK Class B Common Stock 328K Sep 24, 2021 Class A Common Stock 328K By revocable trust F6
holding WK Class B Common Stock 57K Sep 24, 2021 Class A Common Stock 57K By irrevocable trust F6
holding WK Class B Common Stock 57K Sep 24, 2021 Class A Common Stock 57K By irrevocable trust F6
holding WK Class B Common Stock 57K Sep 24, 2021 Class A Common Stock 57K By irrevocable trust F6
holding WK Employee Stock Option to Purchase Class A Common Stock 25.2K Sep 24, 2021 Class A Common Stock 25.2K $12.40 Direct F7, F8
holding WK Employee Stock Option to Purchase Class A Common Stock 21.2K Sep 24, 2021 Class A Common Stock 21.2K $14.74 Direct F7, F8
holding WK Employee Stock Option to Purchase Class A Common Stock 160K Sep 24, 2021 Class A Common Stock 160K $15.83 Direct F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2020 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 300,000 shares of stock options and Class A Common Stock through January 2022.
F2 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $148.98 to $149.97. 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.
F3 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $149.98 to $150.96. 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.
F4 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $150.99 to $151.98. 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 $152.03 to $152.16. 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 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).
F7 Granted pursuant to the 2014 Equity Incentive Plan.
F8 Vests in three equal annual installments commencing on the first anniversary of the grant date.
F9 Granted pursuant to 2009 Unit Incentive Plan.
F10 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.