Martin J. Vanderploeg - Feb 1, 2022 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
Feb 1, 2022
Transactions value $
$3,033,649
Form type
4
Date filed
2/3/2022, 03:19 PM
Previous filing
Dec 30, 2021
Next filing
Feb 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WK Class A Common Stock Gift $0 -218K -36.62% $0.00 377K Dec 30, 2021 Direct F1
transaction WK Class A Common Stock Gift $0 +218K +60685.52% $0.00 218K Dec 30, 2021 By living trust F1
transaction WK Class A Common Stock Award $4.69M +39.2K +10.39% $119.68 416K Feb 1, 2022 Direct F2, F3
transaction WK Class A Common Stock Tax liability -$1.65M -13.8K -3.32% $119.68 402K Feb 1, 2022 Direct F4

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 Feb 1, 2022 Class A Common Stock 711K By living trust F5
holding WK Class B Common Stock 491K Feb 1, 2022 Class A Common Stock 491K By charitable remainder trust F5
holding WK Employee Stock Option to Purchase Class A Common Stock 84.2K Feb 1, 2022 Class A Common Stock 84.2K $14.74 Direct F3, F6
holding WK Employee Stock Option to Purchase Class A Common Stock 200K Feb 1, 2022 Class A Common Stock 200K $12.40 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a gift of securities by the reporting person to a revocable living trust.
F2 Grant of restricted stock units pursuant to the 2014 Equity Incentive Plan.
F3 Vests in three equal annual installments commencing on the first anniversary of the grant date.
F4 Shares delivered to the issuer for payment of withholding taxes due upon the vesting of restricted stock units previously granted.
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).
F6 Grant of stock option pursuant to the 2014 Equity Incentive Plan.