Filing Details

Accession Number:
0001209191-17-040955
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-06-19 20:02:55
Reporting Period:
2017-06-15
Filing Date:
2017-06-19
Accepted Time:
2017-06-19 20:02:55
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
1232413 W Philip Wilmington C/O Workday, Inc.
6230 Stoneridge Mall Road
Pleasanton CA 94588
Co-President 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 Disposition 2017-06-15 6,566 $96.91 293,135 No 4 S Direct
Class A Common Stock Disposition 2017-06-15 700 $97.51 292,435 No 4 S Direct
Class A Common Stock Disposition 2017-06-15 7,827 $98.54 284,608 No 4 S Direct
Class A Common Stock Disposition 2017-06-15 3,966 $98.96 280,642 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. The sale of these shares was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person and represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent a discretionary trade by the Reporting Person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.4300 to $97.4299, 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. Includes 267,291 RSUs 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, from original grants consisting of 137,100 RSUs with a grant date of 3/15/2015, 113,000 RSUs with a grant date of 6/15/2015, 112,676 RSUs with a grant date of 4/15/2016, and 66,302 RSUs with a grant date of 4/14/2017, each of which vested or will vest as to 25% of the underlying shares on the one-year anniversary of grant and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with Workday on the applicable vesting date.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.4500 to $98.4499, 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 sale of these shares was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.8600 to $98.8599, 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
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.8700 to $99.8699, 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