Jill E. Klindt - 17 Feb 2023 Form 4 Insider Report for WORKIVA INC (WK)

Role
SVP, CFO, CAO & Treasurer
Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Jill E. Klindt
Issuer symbol
WK
Transactions as of
17 Feb 2023
Net transactions value
-$78,357
Form type
4
Filing time
21 Feb 2023, 15:50:36 UTC
Previous filing
07 Feb 2023
Next filing
02 Mar 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 $0 +1,956 +1.9% $0.000000 104,065 17 Feb 2023 Direct F1
transaction WK Class A Common Stock Tax liability $78,357 -888 -0.85% $88.24 103,177 17 Feb 2023 Direct F2

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 Employee Stock Option to Purchase Class A Common Stock 25,000 17 Feb 2023 Class A Common Stock 25,000 $18.60 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of PSUs previously granted.
F3 Granted pursuant to the 2014 Equity Incentive Plan.
F4 Vests as to 25% of the shares on the first anniversary of the grant date and then 6.25% of the shares at the end of each three-month period thereafter.