Robert H. Herz - Feb 23, 2024 Form 4 Insider Report for WORKIVA INC (WK)

Role: Director
Signature: /s/ Brandon E. Ziegler as attorney-in-fact for Robert H. Herz
Stock symbol: WK
Transactions as of: Feb 23, 2024
Transactions value $: $0
Form type: 4
Date filed: 2/27/2024, 04:26 PM
Previous filing: Nov 7, 2023
Next filing: Jun 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WK	Class A Common Stock	Other	$1.01M	+11.8K	+49.86%	$86.05	35.4K	Feb 23, 2024	Direct	F1, F2
transaction	WK	Class A Common Stock	Other	-$1.01M	-11.8K	-21.48%	$86.05	43.1K	Feb 23, 2024	By Trust	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 23, 2024, Mr. Herz withdrew 11,793 shares of Class A Common Stock from the Robert H. Herz Irrevocable Trust in exchange for a promissory note. In addition, on February 23, 2024, Mr. Herz exchanged 12,500 shares of Class A Common Stock with the Robert H. Herz Irrevocable Trust on a one for one basis without additional consideration, such that the final amount of Class A Common Stock owned by each of Mr. Herz and the Robert H. Herz Irrevocable Trust following the share exchange remained unchanged. Mr. Herz believes that each of these exchanges constitutes a change in the form of beneficial ownership of the shares, exempt under Rule 16a-13 of the Securities Exchange Act of 1934.
F2	The price reported in column 4 reflects the average of the high and low price of the Class A Common Stock on the New York Stock Exchange on February 23, 2024.

Content

On February 23, 2024, Mr. Herz withdrew 11,793 shares of Class A Common Stock from the Robert H. Herz Irrevocable Trust in exchange for a promissory note. In addition, on February 23, 2024, Mr. Herz exchanged 12,500 shares of Class A Common Stock with the Robert H. Herz Irrevocable Trust on a one for one basis without additional consideration, such that the final amount of Class A Common Stock owned by each of Mr. Herz and the Robert H. Herz Irrevocable Trust following the share exchange remained unchanged. Mr. Herz believes that each of these exchanges constitutes a change in the form of beneficial ownership of the shares, exempt under Rule 16a-13 of the Securities Exchange Act of 1934.

The price reported in column 4 reflects the average of the high and low price of the Class A Common Stock on the New York Stock Exchange on February 23, 2024.