Filing Details
- Accession Number:
- 0001445305-21-000067
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-04-27 16:24:02
- Reporting Period:
- 2021-04-23
- Accepted Time:
- 2021-04-27 16:24:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1445305 | Workiva Inc | WK | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1013632 | D. Jeff Trom | 2900 University Boulevard Ames IA 50010 | Executive Vp & Cto | No | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2021-04-23 | 24,195 | $96.09 | 50,805 | No | 4 | S | Indirect | By revocable trust |
| Class A Common Stock | Disposition | 2021-04-23 | 805 | $96.68 | 50,000 | No | 4 | S | Indirect | By revocable trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By revocable trust |
| No | 4 | S | Indirect | By revocable trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2021-04-23 | 171,000 | $0.00 | 171,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-04-23 | 57,000 | $0.00 | 57,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-04-23 | 57,000 | $0.00 | 57,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-04-23 | 57,000 | $0.00 | 57,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 878,645 | No | 5 | G | Indirect | ||
| 57,000 | No | 5 | G | Indirect | ||
| 57,000 | No | 5 | G | Indirect | ||
| 57,000 | No | 5 | G | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 270,976 | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | $0.00 | 328,402 | 328,402 | Indirect | ||
| Class A Common Stock | Employee Stock Option to Purchase Class A Common Stock | $12.40 | 2018-02-01 | 2027-01-31 | 25,215 | 25,215 | Direct |
| Class A Common Stock | Employee Stock Option to Purchase Class A Common Stock | $14.74 | 2017-02-01 | 2026-01-31 | 21,212 | 21,212 | Direct |
| Class A Common Stock | Employee Stock Option to Purchase Class A Common Stock | $15.83 | 2015-08-12 | 2024-08-11 | 159,592 | 159,592 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 328,402 | 328,402 | Indirect | |
| 2027-01-31 | 25,215 | 25,215 | Direct |
| 2026-01-31 | 21,212 | 21,212 | Direct |
| 2024-08-11 | 159,592 | 159,592 | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2020 in accordance with Rule 10b5-1 of Securities Exchange Act of 1934, as amended. This Rule 10b5-1 plan provides for fixed sales of a total of up to 300,000 shares of stock options and Class A Common Stock through January 2022.
- The price reported in Column 4 is a weighted-average price. The price actually received ranges from $95.63 to $96.62. 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.
- The price reported in Column 4 is a weighted-average price. The price actually received ranges from $96.65 to $96.78. 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.
- 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).
- On April 23, 2021, the reporting person contributed 57,000 shares of indirectly owned Class B Common Stock to separate irrevocable trusts for the benefit of each of his three children, who share the reporting person's household. The reporting person's sister is the trustee of each irrevocable trust.
- Granted pursuant to the 2014 Equity Incentive Plan.
- Vests in three equal annual installments commencing on the first anniversary of the grant date.
- Granted pursuant to 2009 Unit Incentive Plan.
- Vests 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.
Billionaire Hedge Funds
