| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WK | Class A Common Stock | Award | $2,241,386 | +23,502 | +40% | $95.37 | 82,605 | 01 Feb 2024 | Direct | F1, F2 |
| transaction | WK | Class A Common Stock | Tax liability | $830,959 | -8,713 | -11% | $95.37 | 73,892 | 01 Feb 2024 | Direct | F3 |
| transaction | WK | Class A Common Stock | Sale | $1,070,919 | -11,439 | -15% | $93.62 | 62,453 | 02 Feb 2024 | Direct | F4, F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 the payment of withholding taxes due upon the vesting of restricted stock units previously granted. |
| F4 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2023 in accordance with Rule 10b5-1 of Securities Exchange Act of 1934, as amended. This Rule 10b5-1 plan provides for fixed sales of a total of up to 20,152 shares of Class A Common Stock through February 2024. |
| F5 | The price reported in Column 4 is a weighted-average price. The price actually received ranges from $93.49 to $94.31. For all transactions reported in this Form 4 utilizing a weighted-average price, the Reporting Person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range. |