Martin J. Vanderploeg - 15 Apr 2025 Form 4 Insider Report for WORKIVA INC (WK)

Role: Director
Signature: /s/ Brandon E. Ziegler as attorney-in-fact for Martin J. Vanderploeg
Issuer symbol: WK
Transactions as of: 15 Apr 2025
Net transactions value: +$1,241,255
Form type: 4
Filing time: 17 Apr 2025, 16:16:43 UTC
Previous filing: 24 Feb 2025
Next filing: 02 Jun 2025
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	Options Exercise	$1,241,255	+84,210	+27%	$14.74	398,699	15 Apr 2025	Direct
holding	WK	Class A Common Stock						355,675	15 Apr 2025	By living trust

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
transaction	WK	Employee Stock Option to Purchase Class A Common Stock	Options Exercise	$0	-84,210	-100%	$0.000000	0	15 Apr 2025	Class A Common Stock	84,210	$14.74	Direct	F1, F2
holding	WK	Class B Common Stock						710,562	15 Apr 2025	Class A Common Stock	710,562		By living trust	F3
holding	WK	Class B Common Stock						491,270	15 Apr 2025	Class A Common Stock	491,270		By charitable remainder trust	F3
holding	WK	Employee Stock Option to Purchase Class A Common Stock						200,204	15 Apr 2025	Class A Common Stock	200,204	$12.40	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Grant of stock option pursuant to the 2014 Equity Incentive Plan.
F2	Vests in three equal annual installments commencing on the first anniversary of the grant date.
F3	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).