Filing Details

Accession Number:
0001209191-14-042901
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-20 17:03:54
Reporting Period:
2014-06-18
Filing Date:
2014-06-20
Accepted Time:
2014-06-20 17:03:54
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
1557713 A. Michael Stankey C/O Workday, Inc.
6230 Stoneridge Mall Road
Pleasanton CA 94550
President And Coo No Yes No 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 2014-06-18 61,563 $0.65 261,469 No 4 M Direct
Class A Common Stock Disposition 2014-06-18 26,085 $85.73 235,384 No 4 S Direct
Class A Common Stock Disposition 2014-06-18 30,315 $86.67 205,069 No 4 S Direct
Class A Common Stock Disposition 2014-06-18 5,163 $87.32 199,906 No 4 S Direct
Class A Common Stock Acquisiton 2014-06-19 61,563 $0.65 261,469 No 4 M Direct
Class A Common Stock Disposition 2014-06-19 21,200 $85.71 240,269 No 4 S Direct
Class A Common Stock Disposition 2014-06-19 38,863 $86.45 201,406 No 4 S Direct
Class A Common Stock Disposition 2014-06-19 1,500 $87.32 199,906 No 4 S Direct
Class A Common Stock Acquisiton 2014-06-18 12,187 $0.00 12,187 No 4 C Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Class A Common Stock Disposition 2014-06-18 5,028 $85.74 7,159 No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Class A Common Stock Disposition 2014-06-18 5,900 $86.65 1,259 No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Class A Common Stock Disposition 2014-06-18 1,259 $87.36 0 No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Class A Common Stock Acquisiton 2014-06-19 12,187 $0.00 12,187 No 4 C Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Class A Common Stock Disposition 2014-06-19 4,000 $85.70 8,187 No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Class A Common Stock Disposition 2014-06-19 7,987 $86.44 200 No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Class A Common Stock Disposition 2014-06-19 200 $87.37 0 No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 C Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
No 4 C Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
No 4 S Indirect By the Michael Alan Stankey Grantor Retained Annuity Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (right to buy) Disposition 2014-06-18 61,563 $0.00 50,887 $0.65
Class A Common Stock Stock Option (right to buy) Disposition 2014-06-19 61,563 $0.00 61,563 $0.65
Class A Common Stock Class B Common Stock Disposition 2014-06-18 8,629 $0.00 12,187 $0.00
Class A Common Stock Class B Common Stock Disposition 2014-06-19 12,187 $0.00 12,187 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,429,049 2019-10-26 No 4 M Direct
1,367,486 2019-10-26 No 4 M Direct
290,040 No 4 C Indirect
277,853 No 4 C Indirect
Footnotes
  1. Includes 197,333 restricted stock units that entitle the Reporting Person to receive one share of Class A Common Stock per unit upon settlement, which will take place within 30 days of vesting. 104,349 restricted stock units will vest in eight (8) quarterly installments beginning November 15, 2015, and 92,984 restricted stock units will vest in eight (8) quarterly installments beginning July 15, 2016, subject to the Reporting Person's continued employment with Workday on the applicable vesting date.
  2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 15, 2014.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $85.1300 to $86.1299, 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 within the range of $86.1300 to $87.1299, 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 within the range of $87.1300 to $88.1299, 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 within the range of $85.0500 to $86.0499, 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 within the range of $86.0500 to $87.0499, 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 within the range of $87.0500 to $88.0499, 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 within the range of $85.1300 to $86.1299, 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 within the range of $86.1300 to $87.1299, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $87.1300 to $88.1299, 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.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $85.0500 to $86.0499, 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.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $86.0500 to $87.0499, 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.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $87.0500 to $88.0499, 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.
  15. 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.
  16. 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.