Filing Details

Accession Number:
0001209191-16-139205
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-30 19:44:22
Reporting Period:
2016-08-26
Filing Date:
2016-08-30
Accepted Time:
2016-08-30 19:44:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1327811 Workday Inc. WDAY () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1209711 Jr J George Still C/O Workday, Inc.
6230 Stoneridge Mall Road
Pleasanton CA 94588
Yes No 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 Disposition 2016-08-26 4,325 $82.68 70,675 No 4 S Indirect By the Still Family Trust, DTD 3/12/1996
Class A Common Stock Disposition 2016-08-26 5,175 $83.71 65,500 No 4 S Indirect By the Still Family Trust, DTD 3/12/1996
Class A Common Stock Disposition 2016-08-26 500 $84.29 65,000 No 4 S Indirect By the Still Family Trust, DTD 3/12/1996
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By the Still Family Trust, DTD 3/12/1996
No 4 S Indirect By the Still Family Trust, DTD 3/12/1996
No 4 S Indirect By the Still Family Trust, DTD 3/12/1996
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 13,000 Indirect By Still Family Partners, a California Limited Partnership formed 3/26/1996
Class A Common Stock 21,943 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Stock Option (Right to Buy) $0.65 2019-10-26 100,000 100,000 Direct
Class A Common Stock Stock Option (Right to Buy) $4.25 2021-11-01 90,000 90,000 Direct
Class A Common Stock Stock Option (Right to Buy) $9.20 2022-08-27 30,000 30,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2019-10-26 100,000 100,000 Direct
2021-11-01 90,000 90,000 Direct
2022-08-27 30,000 30,000 Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 15, 2015.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.2000 to $83.1999, inclusive. The Reporting Person undertakes to provide 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.
  3. Shares held by Still Family Trust, dated 3/12/1996 ("Still Family Trust"). Mr. Still is a trustee of the Still Family Trust, and may be deemed to have voting and dispositive power with regard to the shares held directly by Still Family Trust. Mr. Still disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.2000 to $84.1999, inclusive. The Reporting Person undertakes to provide 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 $84.2100 to $85.2099 inclusive. The Reporting Person undertakes to provide 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. Shares held by Still Family Partners, formed March 26, 1996 ("Still Family Partners"). Mr. Still is general partner of Still Family Partners, and may be deemed to have voting and dispositive power with regard to the shares held directly by Still Family Partners. Mr. Still disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  7. Includes 5,807 Restricted Stock Units ("RSUs") granted under the Issuer's 2012 Equity Incentive Plan. This grant will entitle the Reporting Person to receive one share of Class A Common Stock for each vested RSU upon settlement, which will take place within 30 days of vesting. The RSUs will vest one-hundred percent (100%) on May 15, 2017.
  8. The stock option grant is under the Issuer's 2005 Stock Plan and is exercisable in full or in part at any time. This stock option grant became fully vested on October 27, 2014.
  9. The stock option grant was issued under the Issuer's 2005 Stock Option Plan and vested or will vest as follows: 20% of the total number of shares vested on November 2, 2012, and 5% of the total number of shares vested or will vest as the Reporting Person completes each 3-month period of continuous service thereafter. This option grant is exercisable in full or in part at any time, but the unvested portion is subject to the Issuer's right to repurchase the shares at the original exercise price in the event of termination of the Reporting Person's service for any reason.
  10. The stock option grant is under the Issuer's 2005 Stock Plan and is exercisable in full or in part at any time. This stock option grant became fully vested on January 1, 2014.