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

Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Martin J. Vanderploeg
Issuer symbol
WK
Transactions as of
18 Oct 2021
Net transactions value
-$5,063,486
Form type
4
Filing time
20 Oct 2021, 16:22:16 UTC
Previous filing
22 Sep 2021
Next filing
18 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WK Class A Common Stock Sale $538,319 -3,832 -2.3% $140.48 164,719 18 Oct 2021 By living trust F1, F2
transaction WK Class A Common Stock Sale $420,648 -2,969 -1.8% $141.68 161,750 18 Oct 2021 By living trust F1, F3
transaction WK Class A Common Stock Sale $752,211 -5,265 -3.3% $142.87 156,485 18 Oct 2021 By living trust F1, F4
transaction WK Class A Common Stock Sale $780,377 -5,434 -3.5% $143.61 151,051 18 Oct 2021 By living trust F1, F5
transaction WK Class A Common Stock Sale $153,659 -1,067 -0.71% $144.01 149,984 19 Oct 2021 By living trust F1, F6
transaction WK Class A Common Stock Sale $202,916 -1,400 -0.93% $144.94 148,584 19 Oct 2021 By living trust F1, F7
transaction WK Class A Common Stock Sale $195,934 -1,341 -0.9% $146.11 147,243 19 Oct 2021 By living trust F1, F8
transaction WK Class A Common Stock Sale $1,592,175 -10,812 -7.3% $147.26 136,431 19 Oct 2021 By living trust F1, F9
transaction WK Class A Common Stock Sale $427,248 -2,880 -2.1% $148.35 133,551 19 Oct 2021 By living trust F1, F10
holding WK Class A Common Stock 377,022 18 Oct 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 1,177,011 18 Oct 2021 Class A Common Stock 1,177,011 By living trust F11
holding WK Class B Common Stock 889,020 18 Oct 2021 Class A Common Stock 889,020 By charitable remainder trust F11
holding WK Employee Stock Option to Purchase Class A Common Stock 200,204 18 Oct 2021 Class A Common Stock 200,204 $12.40 Direct F12, F13
holding WK Employee Stock Option to Purchase Class A Common Stock 168,421 18 Oct 2021 Class A Common Stock 168,421 $14.74 Direct F12, F13
holding WK Employee Stock Option to Purchase Class A Common Stock 133,650 18 Oct 2021 Class A Common Stock 133,650 $15.83 Direct F14, F15
* 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 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.
F2 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $140.05 to $141.03. 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 $141.16 to $142.15. 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 $142.27 to $143.26. 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 $143.27 to $144.02. 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 $143.62 to $144.10. 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 $144.70 to $145.37. 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 $145.79 to $146.44. 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 $146.79 to $147.72. 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 The price reported in Column 4 is a weighted-average price. The price actually received ranges from $147.82 to $148.68. 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.
F11 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).
F12 Grant of stock option pursuant to the 2014 Equity Incentive Plan.
F13 Vests in three equal annual installments commencing on the first anniversary of the grant date.
F14 Granted pursuant to 2009 Unit Incentive Plan.
F15 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.