Workiva adopts PSU award form with annual revenue growth targets 20-26%

WORKIVA INC

Board adopted form of PSU award for executive employees under 2014 Equity Incentive Plan.
PSUs vest over three years based on annual revenue growth rate goals.
For 2022: Threshold 20%, Target 22.5%, Maximum 26% YoY revenue growth.
For 2023/2024: Threshold 18%, Target 20%, Maximum 26% average annual growth.
Earned shares range from 0% to 200% of target; capped at 200%.

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