Martin J. Vanderploeg - Nov 16, 2021 Form 4/A - Amendment 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: Nov 16, 2021
Transactions value $: -$90,545,791
Form type: 4/A - Amendment
Date filed: 11/18/2021, 03:19 PM
Date Of Original Report: Nov 16, 2021
Previous filing: Oct 20, 2021
Next filing: Dec 30, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WK	Class A Common Stock	Sale	-$90.5M	-600K	-99.94%	$151.00	359	Nov 16, 2021	By living trust	F1
holding	WK	Class A Common Stock						377K	Nov 16, 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						711K	Nov 16, 2021	Class A Common Stock	711K		By living trust	F2
holding	WK	Class B Common Stock						491K	Nov 16, 2021	Class A Common Stock	491K		By charitable remainder trust	F2
holding	WK	Employee Stock Option to Purchase Class A Common Stock						200K	Nov 16, 2021	Class A Common Stock	200K	$12.40	Direct	F3, F4
holding	WK	Employee Stock Option to Purchase Class A Common Stock						168K	Nov 16, 2021	Class A Common Stock	168K	$14.74	Direct	F3, F4
holding	WK	Employee Stock Option to Purchase Class A Common Stock						134K	Nov 16, 2021	Class A Common Stock	134K	$15.83	Direct	F5, F6

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

Explanation of Responses:

Id	Content
F1	On November 16, 2021, the reporting person filed a Form 4 reporting, among other transactions, the sale by a revocable living trust of 600,000 shares of the issuer's Class A Common Stock. The actual number of shares sold was 599,641. This amendment is being filed to correct the reported number of shares sold.
F2	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).
F3	Grant of stock option pursuant to the 2014 Equity Incentive Plan.
F4	Vests in three equal annual installments commencing on the first anniversary of the grant date.
F5	Granted pursuant to 2009 Unit Incentive Plan.
F6	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.