Martin J. Vanderploeg - 29 Dec 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
Issuer symbol
WK
Transactions as of
29 Dec 2021
Net transactions value
+$3,356,950
Form type
4
Filing time
30 Dec 2021, 15:20:01 UTC
Previous filing
18 Nov 2021
Next filing
03 Feb 2022
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 Options Exercise $2,115,680 +133,650 +35% $15.83 510,672 29 Dec 2021 Direct
transaction WK Class A Common Stock Options Exercise $1,241,270 +84,211 +16% $14.74 594,883 29 Dec 2021 Direct
holding WK Class A Common Stock 359 29 Dec 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
transaction WK Employee Stock Option to Purchase Class A Common Stock Options Exercise $0 -133,650 -100% $0.000000* 0 29 Dec 2021 Class A Common Stock 133,650 $15.83 Direct F1, F2
transaction WK Employee Stock Option to Purchase Class A Common Stock Options Exercise $0 -84,211 -50% $0.000000 84,210 29 Dec 2021 Class A Common Stock 84,211 $14.74 Direct F3, F4
holding WK Class B Common Stock 710,562 29 Dec 2021 Class A Common Stock 710,562 By living trust F5
holding WK Class B Common Stock 491,270 29 Dec 2021 Class A Common Stock 491,270 By charitable remainder trust F5
holding WK Employee Stock Option to Purchase Class A Common Stock 200,204 29 Dec 2021 Class A Common Stock 200,204 $12.40 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to 2009 Unit Incentive Plan.
F2 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.
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 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).