Martin J. Vanderploeg - 01 Feb 2023 Form 4 Insider Report for WORKIVA INC (WK)

Role
CEO, Director
Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Martin J. Vanderploeg
Issuer symbol
WK
Transactions as of
01 Feb 2023
Net transactions value
+$5,262,028
Form type
4
Filing time
03 Feb 2023, 15:15:15 UTC
Previous filing
06 Sep 2022
Next filing
07 Feb 2023
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 Award $6,249,963 +67,356 +17% $92.79 460,329 01 Feb 2023 Direct F1, F2
transaction WK Class A Common Stock Tax liability $987,935 -10,647 -2.3% $92.79 449,682 01 Feb 2023 Direct F3
holding WK Class A Common Stock 218,220 01 Feb 2023 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
holding WK Class B Common Stock 710,562 01 Feb 2023 Class A Common Stock 710,562 By living trust F4
holding WK Class B Common Stock 491,270 01 Feb 2023 Class A Common Stock 491,270 By charitable remainder trust F4
holding WK Employee Stock Option to Purchase Class A Common Stock 84,210 01 Feb 2023 Class A Common Stock 84,210 $14.74 Direct F2, F5
holding WK Employee Stock Option to Purchase Class A Common Stock 200,204 01 Feb 2023 Class A Common Stock 200,204 $12.40 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units pursuant to the 2014 Equity Incentive Plan.
F2 Vests in three equal annual installments commencing on the first anniversary of the grant date.
F3 Shares delivered to the issuer for payment of withholding taxes due upon the vesting of restricted stock units previously granted.
F4 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).
F5 Grant of stock option pursuant to the 2014 Equity Incentive Plan.