SEC Form 4 · accession 0001445305-19-000034
WORKIVA INC · WK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff D Trom
Officer — Executive VP & CTO · 10% Owner
Period of report
Feb 20, 2019
Accepted (ET)
Feb 22, 2019 · 4:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001445305
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2 | Feb 20, 2019 | S | 19,092 | $44.14 | D | 315,683 | D | |
| Class A Common StockF3 | Feb 20, 2019 | S | 908 | $44.59 | D | 314,775 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF4 | — | holding | — | — | — | — | — | Class A Common Stock | 1,604,645 | 1,604,645 | I |
| Class B Common StockF4 | — | holding | — | — | — | — | — | Class A Common Stock | 140,000 | 140,000 | D |
| Class B Common StockF4 | — | holding | — | — | — | — | — | Class A Common Stock | 328,402 | 328,402 | I |
| Employee Stock Option to Purchase Class A Common StockF5,F6 | $12.40 | holding | — | — | — | Feb 1, 2018 | Jan 31, 2027 | Class A Common Stock | 25,215 | 25,215 | D |
| Employee Stock Option to Purchase Class A Common StockF7,F8 | $15.83 | holding | — | — | — | Aug 12, 2015 | Aug 11, 2024 | Class A Common Stock | 178,200 | 178,200 | D |
| Employee Stock Option to Purchase Class A Common StockF5 | $14.74 | holding | — | — | — | Feb 1, 2017 | Jan 31, 2026 | Class A Common Stock | 21,212 | 21,212 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 24, 2018.
- F2The price reported in Column 4 is a weighted-average price. The prices actually received ranges from $43.51 to $44.50. 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.
- F3The price reported in Column 4 is a weighted-average price. The prices actually received ranges from $44.52 to $44.72. 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.
- F4Each 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).
- F5Granted pursuant to the 2014 Equity Incentive Plan.
- F6Vests in three equal annual installments commencing on the first anniversary of the grant date.
- F7Granted pursuant to 2009 Unit Incentive Plan.
- F8Vests as to 25% of the shares on the first anniversary of the grant date and as to 6.25% of the shares at the end of each three-month period thereafter.