Home > Insider Trading > Filing (0001209191-13-042995)

Filing Details

Accession Number:: 0001209191-13-042995
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2013-09-04 17:24:12
Reporting Period:: 2013-08-30

Filing Date:: 2013-09-04
Accepted Time:: 2013-09-04 17:24:12
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1327811	Workday Inc.	WDAY	Services-Computer Processing & Data Preparation (7374)	202480422

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1196579	Aneel Bhusri	C/O Workday, Inc. 6230 Stoneridge Mall Road Pleasanton CA 94588	Co-Ceo And Chairman	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2013-08-30	134,163	$0.00	321,090	No	4	A	Direct
Class A Common Stock	Disposition	2013-09-03	19,914	$73.25	301,176	No	4	S	Direct
Class A Common Stock	Disposition	2013-09-03	5,086	$73.91	296,090	No	4	S	Direct
Class A Common Stock	Acquisiton	2013-09-03	169,008	$0.00	465,098	No	4	J	Direct
Class A Common Stock	Acquisiton	2013-09-03	4,708	$0.00	469,806	No	4	J	Direct
Class A Common Stock	Acquisiton	2013-09-03	13,659	$0.00	483,465	No	4	J	Direct
Class A Common Stock	Disposition	2013-08-30	8,257	$72.56	21,743	No	4	S	Indirect	By the Aneel Bhusri Grantor Retained Annuity Trust dtd 6/13/11
Class A Common Stock	Disposition	2013-08-30	5,243	$73.47	16,500	No	4	S	Indirect	By the Aneel Bhusri Grantor Retained Annuity Trust dtd 6/13/11
Class A Common Stock	Disposition	2013-08-30	1,500	$74.29	15,000	No	4	S	Indirect	By the Aneel Bhusri Grantor Retained Annuity Trust dtd 6/13/11
Class A Common Stock	Disposition	2013-09-03	3,325,242	$0.00	0	No	4	J	Indirect	See footnote
Class A Common Stock	Disposition	2013-09-03	92,639	$0.00	0	No	4	J	Indirect	See footnote
Class A Common Stock	Disposition	2013-09-03	13,659	$0.00	0	No	4	J	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct
No	4	J	Direct
No	4	J	Direct
No	4	J	Direct
No	4	S	Indirect	By the Aneel Bhusri Grantor Retained Annuity Trust dtd 6/13/11
No	4	S	Indirect	By the Aneel Bhusri Grantor Retained Annuity Trust dtd 6/13/11
No	4	S	Indirect	By the Aneel Bhusri Grantor Retained Annuity Trust dtd 6/13/11
No	4	J	Indirect	See footnote
No	4	J	Indirect	See footnote
No	4	J	Indirect	See footnote

Footnotes

Restricted stock units that entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, which will take place within 30 days of vesting. The restricted stock units will vest in eight (8) quarterly installments beginning November 15, 2015, subject to the Reporting Person's continued employment with Workday on the applicable vesting date.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 15, 2013.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.77 to $73.74, inclusive. The Reporting Person undertakes to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.80 to $74.14, inclusive. The Reporting Person undertakes to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
On September 3, 2013, Greylock XI Limited Partnership, a venture capital partnership, distributed in-kind, without consideration, an aggregate of 3,325,242 shares of Class A Common Stock of the Issuer to its general and limited partners.
Pro rata distribution from Greylock XI Limited Partnership.
On September 3, 2013, Greylock XI-A Limited Partnership, a venture capital partnership, distributed in-kind, without consideration, an aggregate of 92,639 shares of Class A Common Stock of the Issuer to its general and limited partners.
Pro rata distribution from Greylock XI-A Limited Partnership.
On September 3, 2013, Greylock XI Principals LLC, distributed in-kind, without consideration, shares of Class A Common Stock of the Issuer to its members, which shares it was holding as nominee for the benefit of those members.
Distribution from Greylock XI Principals LLC, which shares were being held as nominee for the benefit of Mr. Bhusri.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.14 to $73.08, inclusive. The Reporting Person undertakes to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.14 to $74.12, inclusive. The Reporting Person undertakes to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.16 to $74.55, inclusive. The Reporting Person undertakes to Workday, Inc., any security holder of Workday, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in this footnote of this Form 4.
Greylock XI GP Limited Partnership is the sole general partner of Greylock XI Limited Partnership. Aneel Bhusri, the Issuer's Co-Chief Exeutive Officer and Chairman, is a Managing Partner of Greylock XI GP Limited Partnership. As a result, Greylock XI GP Limited Partnership and Mr. Bhusri may be deemed to share voting and dispositive power with respect to the shares held directly by Greylock XI Limited Partnership. Greylock XI GP Limited Partnership, as well as Greylock XI-A Limited Partnership and Mr. Bhusri, disclaim beneficial ownership of the securities held by Greylock XI Limited Partnership except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission by Greylock XI GP Limited Partnership, Greylock XI-A Limited Partnership or Mr. Bhusri of beneficial ownership of these securities for purposes of Section 16 or for any other purposes.
Greylock XI GP Limited Partnership is the sole general partner of Greylock XI-A Limited Partnership. Aneel Bhusri, the Issuer's Co-Chief Exeutive Officer and Chairman, is a Managing Partner of Greylock XI GP Limited Partnership. As a result, Greylock XI GP Limited Partnership and Mr. Bhusri may be deemed to share voting and dispositive power with respect to the sahres held directly by Greylock XI-A Limited Partnership. Greylock XI GP Limited Partnership, as well as Greylock XI Limited Partnership and Mr. Bhusri, disclaim beneficial ownership of the securities held by Greylock XI-A Limited Partnership except to the extent of any pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission by Greylock XI GP Limited Partnership, Greylock XI Limited Partnership or Mr. Bhusri of beneficial ownership of these securities for purposes of Section 16 or for any other purposes.