0001193125-16-772272.txt : 20161118 0001193125-16-772272.hdr.sgml : 20161118 20161118160202 ACCESSION NUMBER: 0001193125-16-772272 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20161118 DATE AS OF CHANGE: 20161118 GROUP MEMBERS: BETTY JANE WEIMER GROUP MEMBERS: CAROLINE G. OBERNDORF GROUP MEMBERS: OBERNDORF INVESTMENTS LLC GROUP MEMBERS: PETER C. OBERNDORF GROUP MEMBERS: PETER OBERNDORF IRREVOCABLE TRUST, DATED 6/30/89 GROUP MEMBERS: WILLIAM E. OBERNDORF IRREVOCABLE TRUST, DATED 6/30/89 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WORKIVA INC CENTRAL INDEX KEY: 0001445305 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 472509828 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-88683 FILM NUMBER: 162007818 BUSINESS ADDRESS: STREET 1: 2900 UNIVERSITY BLVD. CITY: AMES STATE: IA ZIP: 50010 BUSINESS PHONE: (515) 817-6100 MAIL ADDRESS: STREET 1: 2900 UNIVERSITY BLVD. CITY: AMES STATE: IA ZIP: 50010 FORMER COMPANY: FORMER CONFORMED NAME: WORKIVA INC. DATE OF NAME CHANGE: 20141212 FORMER COMPANY: FORMER CONFORMED NAME: WORKIVA LLC DATE OF NAME CHANGE: 20140701 FORMER COMPANY: FORMER CONFORMED NAME: WEBFILINGS LLC DATE OF NAME CHANGE: 20091013 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: OBERNDORF WILLIAM E CENTRAL INDEX KEY: 0001218663 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: 615 FRONT STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94111 SC 13G 1 d479979dsc13g.htm SC 13G SC 13G

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No.     )*

 

 

Workiva Inc.

(Name of Issuer)

 

 

Class A Common Stock

(Title of Class of Securities)

98139A105

(CUSIP Number)

November 10, 2016

(Date of Event which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☐ Rule 13d-1(b)

☒ Rule 13d-1(c)

☐ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 

 

 

CUSIP No. 98139A105  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

William E. Oberndorf

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

581,900(1)

   6.   

Shared Voting Power

 

1,673,776(2)

   7.   

Sole Dispositive Power

 

581,900(1)

   8.   

Shared Dispositive Power

 

1,673,776(2)

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

2,255,676

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

7.5%(3)

12.  

Type of Reporting Person (See Instructions)

 

(IN)

 

(1) Of these shares, 550,000 shares are held in William E. Oberndorf’s Individual Retirement Account, which is self directed, 19,000 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as trustee for the Peter Oberndorf Irrevocable Trust, dated 6/30/89, and 12,900 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as trustee for the William E. Oberndorf Irrevocable Trust, dated 6/30/89.
(2) Of these shares, 1,660,976 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as the sole controlling person of Oberndorf Investments LLC, 250 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as an authorized signatory for the account of Caroline G. Oberndorf and 12,550 shares may be deemed to be beneficially owned by William E. Oberndorf solely in his capacity as an authorized signatory for the account of Betty Jane Weimer.
(3) Based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016.

 

2

CUSIP No. 98139A105  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Oberndorf Investments LLC

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

1,660,976(1)

   6.   

Shared Voting Power

 

0

   7.   

Sole Dispositive Power

 

1,660,976(1)

   8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,660,976

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

5.5%(2)

12.  

Type of Reporting Person (See Instructions)

 

(OO) – limited liability company

 

(1) Power is exercised through William E. Oberndorf as the sole member of the manager of Oberndorf Investments LLC.
(2) Based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016.

 

3

CUSIP No. 98139A105

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Peter C. Oberndorf

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

1,300(1)

   6.   

Shared Voting Power

 

0

   7.   

Sole Dispositive Power

 

1,300(1)

   8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,300

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

**0.1%(2)

12.  

Type of Reporting Person (See Instructions)

 

(IN)

 

(1) Of these shares, 455 shares are held in Peter C. Oberndorf’s Individual Retirement Account, which is self-directed, and 845 shares are held in a brokerage account for Peter C. Oberndorf’s benefit.
(2) Based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016.
** Denotes less than.

 

4

CUSIP No. 98139A105

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Peter Oberndorf Irrevocable Trust, dated 6/30/89

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

19,000(1)

   6.   

Shared Voting Power

 

0

   7.   

Sole Dispositive Power

 

19,000(1)

   8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

19,000

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

**0.1%(2)

12.  

Type of Reporting Person (See Instructions)

 

(OO)

 

(1) Power is executed through its trustee, William E. Oberndorf.
(2) Based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016.
** Denotes less than.

 

5

CUSIP No. 98139A105  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Caroline G. Oberndorf

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

250(1)

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

250(1)

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

250

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

**0.1%(2)

12.  

Type of Reporting Person (See Instructions)

 

(IN)

 

(1) William E. Oberndorf is an authorized signatory for the account of Caroline G. Oberndorf.
(2) Based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016.
** Denotes less than.

 

6

CUSIP No. 98139A105  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

William E. Oberndorf Irrevocable Trust, dated 6/30/89

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

12,900(1)

   6.   

Shared Voting Power

 

0

   7.   

Sole Dispositive Power

 

12,900(1)

   8.   

Shared Dispositive Power

 

0

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

12,900

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

**0.1%(2)

12.  

Type of Reporting Person (See Instructions)

 

(OO)

 

(1) Power is executed through its trustee, William E. Oberndorf.
(2) Based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016.
** Denotes less than.

 

7

CUSIP No. 98139A105  

 

  1.   

Names of Reporting Persons.

I.R.S. Identification Nos. of above persons (entities only).

 

Betty Jane Weimer

  2.  

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

 

  3.  

SEC Use Only

 

  4.  

Citizenship or Place of Organization

 

USA

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With:

    5.    

Sole Voting Power

 

0

   6.   

Shared Voting Power

 

12,550(1)

   7.   

Sole Dispositive Power

 

0

   8.   

Shared Dispositive Power

 

12,550(1)

  9.  

Aggregate Amount Beneficially Owned by Each Reporting Person

 

12,550

10.  

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)  ☐

 

11.  

Percent of Class Represented by Amount in Row (9)

 

**0.1%(2)

12.  

Type of Reporting Person (See Instructions)

 

(IN)

 

(1) William E. Oberndorf is an authorized signatory for the account of Betty Jane Weimer.
(2) Based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016.
** Denotes less than.

 

8

Item 1.

   (a)    Name of Issuer
     Workiva Inc.
  (b)    Address of Issuer’s Principal Executive Offices
    

2900 University Blvd.

Ames, IA 50010

Item 2.

   (a)    Name of Person Filing
    

William E. Oberndorf (“WEO”), Oberndorf Investments LLC, a Delaware limited liability company (“OBI”), Peter C. Oberndorf (“PCO”), Peter Oberndorf Irrevocable Trust, dated 6/30/89 (“PCO Trust”), Caroline G. Oberndorf (“CGO”), the William E. Oberndorf Irrevocable Trust, dated 6/30/89 (“Oberndorf Irrevocable Trust”) and Betty Jane Weimer (“BJW”). WEO, OBI, PCO, PCO Trust, CGO, Oberndorf Irrevocable Trust and BJW are sometimes hereinafter referred to as the “Reporting Persons.”

 

The Reporting Persons are making this single, joint filing because they may be deemed to constitute a “group” within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended (the “Act”), although neither the fact of this filing nor anything contained herein shall be deemed to be an admission by the Reporting Persons that a group exists.

  (b), (c)    Address of Principal Business Office or, if None, Residence; Citizenship of Reporting Persons
    

The principal business address of WEO is 615 Front Street, San Francisco, CA 94111. WEO is a citizen of the United States of America.

 

The principal business address of OBI is 615 Front Street, San Francisco, CA 94111. OBI is a Delaware limited liability company.

 

The principal business address of PCO is 615 Front Street, San Francisco, CA 94111. PCO is a citizen of the United States of America.

 

The principal business address of PCO Trust is 615 Front Street, San Francisco, CA 94111. PCO Trust is a trust, established for the benefit of WEO’s son, PCO. WEO is the trustee of PCO Trust. Certain information with respect to WEO is set forth above.

 

CGO’s address is 615 Front Street, San Francisco, CA 94111. CGO is a citizen of the United States of America.

 

The principal business address of Oberndorf Irrevocable Trust is 615 Front Street, San Francisco, CA 94111. Oberndorf Irrevocable Trust is a trust, established for the benefit of WEO’s son, William E. Oberndorf. WEO is the trustee of Oberndorf Irrevocable Trust. Certain information with respect to WEO is set forth above.

 

BJW’s address is 615 Front Street, San Francisco, CA 94111. BJW is a citizen of the United States of America.

  (d)    Title of Class of Securities
     Class A common stock
  (e)    CUSIP Number:
     98139A105

Item 3.

   Statement filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c):
  Not Applicable.

 

9

Item 4.

   Ownership.
  Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

     (b)     (a)      (c)(i)      (c)(ii)      (c)(iii)      (c)(iv)  
                  Class A Common Stock  
                  Voting Power      Disposition Power  

Reporting Persons

    Percent of Class     Amount
Beneficially Owned		      Sole      Shared      Sole      Shared  

William E. Oberndorf

      7.5 %      2,255,676         581,900         1,673,776         581,900         1,673,776   

Oberndorf Investments LLC

      5.5 %      1,660,976         1,660,976         0         1,660,976         0   

Peter C. Oberndorf

      **0.1 %      1,300         1,300         0         1,300         0   

Peter Oberndorf Irrevocable Trust, dated 6/30/89

      **0.1 %      19,000         19,000         0         19,000         0   

Caroline G. Oberndorf

      **0.1 %      250         0         250         0         250   

William E. Oberndorf Irrevocable Trust, dated 6/30/89

      **0.1 %      12,900         12,900         0         12,900         0   

Betty Jane Weimer

      **0.1 %      12,550         0         12,550         0         12,550   

 

** Denotes less than

 

  

The foregoing percentages are based on 30,248,470 shares of Class A common stock outstanding as of November 7, 2016 as set forth in Workiva Inc.’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2016 filed with the Securities and Exchange Commission on November 9, 2016.

   Instruction. For computations regarding securities which represent a right to acquire an underlying security see §240.13d-3(d)(1).

Item 5.

    Ownership of Five Percent or Less of a Class.
  

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following  ☐.

   Instruction. Dissolution of a group requires a response to this item.

Item 6.

    Ownership of More than Five Percent on Behalf of Another Person.
  

No other persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from, or other proceeds from the sale of, the Class A common stock held by the Reporting Persons.

Item 7.

    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
  

Not Applicable.

Item 8.

    Identification and Classification of Members of the Group.
  

Not Applicable.

Item 9.

    Notice of Dissolution of Group.
  

Not Applicable.

Item 10.

    Certification.
   By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

10

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

 

November 18, 2016

   
 

/s/ Gary Scheier

   
  Signature   
 

Gary Scheier

   
  Attorney-in-fact for:   
  William E. Oberndorf(1)   
  Oberndorf Investments LLC(1)   
  Peter C. Oberndorf(1)   
  Peter Oberndorf Irrevocable Trust, dated 6/30/89(1)   
  Caroline G. Oberndorf(1)   
  William E. Oberndorf Irrevocable Trust, dated 6/30/89(1)   
  Betty Jane Weimer(1)   
 

(1)   A Power of Attorney authorizing Gary Scheier to act on behalf of this person or entity is filed as Exhibit B.

 

11

EXHIBIT INDEX

 

Exhibit    Document Description
A    Agreement Pursuant to Rule 13d-1(k)
B    Power of Attorney
 EX-99.A 2 d479979dex99a.htm EX-99.A EX-99.A

Exhibit A

Pursuant to Rule 13d-1(k) or Regulation 13D-G of the General Rule and Regulations of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended, the undersigned agrees that the statement to which this Exhibit is attached is filed on behalf of each of them in capacities set forth below.

 

 

November 18, 2016

                 
 

/s/ Gary Scheier

   
  Signature   
 

Gary Scheier

   
  Attorney-in-fact for:   
  William E. Oberndorf(1)   
  Oberndorf Investments LLC(1)   
  Peter C. Oberndorf(1)   
  Peter Oberndorf Irrevocable Trust, dated 6/30/89(1)   
  Caroline G. Oberndorf(1)   
  William E. Oberndorf Irrevocable Trust, dated 6/30/89(1)   
  Betty Jane Weimer(1)   
 

(1)   A Power of Attorney authorizing Gary Scheier to act on behalf of this person or entity is filed as Exhibit B.

 EX-99.B 3 d479979dex99b.htm EX-99.B EX-99.B

Exhibit B

POWER OF ATTORNEY

Know all by these presents, that each of William E. Oberndorf, Oberndorf Investments LLC, Peter C. Oberndorf, Peter Oberndorf Irrevocable Trust, dated 6/30/89, Caroline G. Oberndorf, William E. Oberndorf Irrevocable Trust, dated 6/30/89 and Betty Jane Weimer (each, a “Grantor”) has made, constituted and appointed, and by these presents does make, constitute and appoint each of William E. Oberndorf and Gary Scheier (each, an “Attorney”), the true and lawful agent and attorney-in-fact, with full power of substitution and resubstitution, of the Grantor, for and in Grantor’s name, place and stead, in any and all capacities, to do all or any of the following acts, matters and things:

 

  (1) To sign on behalf of the Grantor statements on Schedule 13D or 13G or Forms 3, 4 and 5, or amendments thereto pursuant to Section 13(d) or Section 16 under the Securities Exchange Act of 1934.

 

  (2) To do all such other acts and things as, in such Attorney’s discretion, he deems appropriate or desirable for the purpose of filing such statements on Schedule 13D or 13G or Forms 3, 4 and 5, or amendments thereto.

 

  (3) To appoint in writing one or more substitutes who shall have the power to act on behalf of the Grantor as if that substitute or those substitutes shall have been originally appointed Attorney(s) by this Power of Attorney and/or to revoke any such appointment at any time without assigning any reason therefor.

The Grantor hereby ratifies and confirms all that said agents and attorneys-in-fact or any substitute or substitutes may lawfully do or cause to be done by virtue hereof. This Power of Attorney shall remain in full force and effect until revoked by the undersigned in a signed writing.

The words Grantor and Attorney shall include all grantors and attorneys under this Power of Attorney.

IN WITNESS WHEREOF, Grantor duly assents to this Power of Attorney by his or its signature as of the 18th day of November, 2016. The Power of Attorney shall remain in full force and effect until the undersigned is no longer subject to the reporting requirements of the Securities Exchange Act of 1934 and the rules thereunder, unless earlier revoked by the undersigned in a signed writing delivered to the attorney-in-fact.

 

William E. Oberndorf

 

 /s/ William E. Oberndorf

Oberndorf Investments LLC

By  

 /s/ William E. Oberndorf

  Name:       William E. Oberndorf
  Title:   Authorized Person

Peter C. Oberndorf

 

 /s/ Peter C. Oberndorf

Peter Oberndorf Irrevocable Trust, dated 6/30/89

By

  

 /s/ William E. Oberndorf

  Name:   William E. Oberndorf
  Title:   Trustee

Caroline G. Oberndorf

 

 /s/ Caroline G. Oberndorf

William E. Oberndorf Irrevocable Trust, dated 6/30/89

By

  

 /s/ William E. Oberndorf

  Name:   William E. Oberndorf
  Title:   Trustee

Betty Jane Weimer

By  

 /s/ William E. Oberndorf

  William E. Oberndorf, as attorney in fact