secwatch.observer — SEC 8-K summary
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Issuer:     WORKIVA INC (WK)
CIK:        0001445305
Form:       8-K
Filed at:   2022-01-31T23:59:59+00:00
Accession:  0001445305-22-000005
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1445305/000144530522000005/0001445305-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1445305/000144530522000005/wk-20220131.htm
  HTML page:      https://secwatch.observer/filing/0001445305-22-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer