Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WK | Class A Common Stock | Gift | $0 | -63.8K | -14.43% | $0.00 | 379K | Feb 9, 2023 | Direct | F1 |
transaction | WK | Class A Common Stock | Gift | $0 | +63.8K | +29.26% | $0.00 | 282K | Feb 9, 2023 | By living trust | F1 |
transaction | WK | Class A Common Stock | Award | $0 | +3.31K | +0.87% | $0.00 | 382K | Feb 17, 2023 | Direct | F2 |
transaction | WK | Class A Common Stock | Tax liability | -$121K | -1.37K | -0.36% | $88.24 | 381K | Feb 17, 2023 | Direct | F3 |
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 17, 2023 | Class A Common Stock | 711K | By living trust | F4 | ||||||
holding | WK | Class B Common Stock | 491K | Feb 17, 2023 | Class A Common Stock | 491K | By charitable remainder trust | F4 | ||||||
holding | WK | Employee Stock Option to Purchase Class A Common Stock | 84.2K | Feb 17, 2023 | Class A Common Stock | 84.2K | $14.74 | Direct | F5, F6 | |||||
holding | WK | Employee Stock Option to Purchase Class A Common Stock | 200K | Feb 17, 2023 | Class A Common Stock | 200K | $12.40 | Direct | F5, F6 |
Id | Content |
---|---|
F1 | Represents a gift of securities by the reporting person to a revocable living trust. |
F2 | Represents issued shares of performance restricted stock units ("PSUs") granted to the Reporting Person on February 1, 2022. The Compensation Committee certified the performance conditions and the PSUs were earned and vested at 76% of the target for the 2022 calendar year. Subject to the continued employment of the Reporting Person and achievement of applicable annual revenue growth rate goals, additional PSUs will vest following the completion of the remaining calendar years in the three-year performance period. |
F3 | Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of PSUs 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. |
F6 | Vests in three equal annual installments commencing on the first anniversary of the grant date. |