Jill Klindt - Feb 20, 2025 Form 4 Insider Report for WORKIVA INC (WK)

Signature
/s/ Brandon E. Ziegler as attorney-in-fact for Jill E. Klindt
Stock symbol
WK
Transactions as of
Feb 20, 2025
Transactions value $
-$570,451
Form type
4
Date filed
2/24/2025, 04:41 PM
Previous filing
Feb 4, 2025
Next filing
Mar 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WK Class A Common Stock Award $0 +1.67K +1.44% $0.00 118K Feb 20, 2025 Direct F1
transaction WK Class A Common Stock Award $0 +5.36K +4.55% $0.00 123K Feb 20, 2025 Direct F2
transaction WK Class A Common Stock Award $0 +8.25K +6.7% $0.00 131K Feb 20, 2025 Direct F3
transaction WK Class A Common Stock Tax liability -$570K -6.59K -5.02% $86.55 125K Feb 20, 2025 Direct F4

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 25K Feb 20, 2025 Class A Common Stock 25K $18.60 Direct F5, F6
* 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 65% of the target for the 2022-2024 performance period. These PSUs became fully vested upon certification by the Compensation Committee.
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 121.2% of the target for the 2023-2024 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.
F3 Represents shares of issuer common stock earned in connection with performance restricted stock units ("PSUs") granted to the Reporting Person on February 1, 2024. The Compensation Committee certified the performance conditions and the PSUs were earned and vested at 186.2% of the target for the 2024 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.
F4 Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of PSUs previously granted.
F5 Granted pursuant to the 2014 Equity Incentive Plan.
F6 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.