Michael D. Hawkins - 15 Feb 2024 Form 4 Insider Report for WORKIVA INC (WK)

Role
EVP, Sales
Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Michael D. Hawkins
Issuer symbol
WK
Transactions as of
15 Feb 2024
Net transactions value
-$230,381
Form type
4
Filing time
20 Feb 2024, 16:51:38 UTC
Previous filing
05 Feb 2024
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WK Class A Common Stock Award $0 +1,461 +2.3% $0.000000 63,914 15 Feb 2024 Direct F1
transaction WK Class A Common Stock Award $0 +3,368 +5.3% $0.000000 67,282 15 Feb 2024 Direct F2
transaction WK Class A Common Stock Tax liability $230,381 -2,448 -3.6% $94.11 64,834 15 Feb 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of issuer common stock earned in connection with 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 80% of the target for the 2022-2023 performance period. 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 year in the three-year performance period.
F2 Represents shares of issuer common stock earned in connection with performance restricted stock units ("PSUs") granted to the Reporting Person on February 1, 2023. The Compensation Committee certified the performance conditions and the PSUs were earned and vested at 100% of the target for the 2023 performance period. 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.