Filing Details

Accession Number:
0001209191-14-038485
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-02 20:51:30
Reporting Period:
2014-05-29
Filing Date:
2014-06-02
Accepted Time:
2014-06-02 20:51:30
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
938071 A David Duffield C/O Workday, Inc.
6230 Stoneridge Mall Road
Pleasanton CA 94588
Chairman Yes 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 Acquisiton 2014-05-29 349,890 $0.00 490,218 No 4 C Direct
Class A Common Stock Disposition 2014-05-29 213,853 $80.66 276,365 No 4 S Direct
Class A Common Stock Disposition 2014-05-29 78,846 $81.59 197,519 No 4 S Direct
Class A Common Stock Disposition 2014-05-29 31,491 $82.55 166,028 No 4 S Direct
Class A Common Stock Disposition 2014-05-29 25,700 $83.44 140,328 No 4 S Direct
Class A Common Stock Acquisiton 2014-05-30 164,493 $78.55 304,821 No 4 C Direct
Class A Common Stock Disposition 2014-05-30 68,313 $77.93 236,508 No 4 S Direct
Class A Common Stock Disposition 2014-05-30 69,135 $78.73 167,373 No 4 S Direct
Class A Common Stock Disposition 2014-05-30 25,545 $79.60 141,828 No 4 S Direct
Class A Common Stock Disposition 2014-05-30 1,500 $80.58 140,328 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
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 2014-03-14 12,600,000 $0.00 12,600,000 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2014-03-14 12,600,000 $0.00 12,600,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-05-29 349,890 $0.00 349,890 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-05-30 164,493 $0.00 164,493 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 5 G Direct
68,169,612 No 5 G Direct
67,819,722 No 4 C Direct
67,655,229 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 106,120 Direct
Footnotes
  1. Held by The David A. Duffield Trust dated July 14, 1988, a revocable living trust, of which the Reporting Person is trustee and sole beneficiary.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 11, 2013.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.1800 to 81.1799, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $81.1800 to $82.1799, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.1800 to $83.1799, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.2100 to $84.2099, 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.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.3100 to $78.3099, 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.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.3100 to $79.3099, 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.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.3100 to $80.3099, 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.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.4600 to $81.4599, 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.
  11. Includes 106,120 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. 59,628 restricted stock units will vest in eight (8) quarterly installments beginning November 15, 2015, and 46,492 restricted stock units will vest in eight (8) quarterly installments beginning July 15, 2016. Both grants are subject to the Reporting Person's continued employment with the Issuer on the applicable vesting date.
  12. Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect as of the date hereof. The shares of Class B Common Stock have no expiration date.
  13. All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock, (b) the date when the number of outstanding shares of Class B Common Stock represents less than 9% of all outstanding shares of Class A and Class B Common Stock, (c) October 11, 2032 or (d) nine (9) months after the death of the later to die of David A. Duffield and Aneel Bhusri. The shares of Class A and Class B Common Stock have no expiration date.