Filing Details

Accession Number:
0001327811-19-000040
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-19 18:38:32
Reporting Period:
2019-03-15
Accepted Time:
2019-03-19 18:38:32
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
1731581 Petros Dermetzis C/O Workday, Inc.
6110 Stoneridge Mall Road
Pleasanton CA 94588
Chief Products Officer 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 2019-03-15 100 $184.59 165,741 No 4 S Direct
Class A Common Stock Disposition 2019-03-15 1,383 $186.20 164,358 No 4 S Direct
Class A Common Stock Disposition 2019-03-15 774 $186.86 163,584 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
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) $0.00 2022-05-04 40,000 40,000 Direct
Class A Common Stock Stock Option (right to buy) $0.00 2021-02-18 25,000 25,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2022-05-04 40,000 40,000 Direct
2021-02-18 25,000 25,000 Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  2. Includes 120,282 restricted stock units (RSUs) that entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, from original grants consisting of i) 46,492 RSUs with a grant date of 4/15/2014 with remaining vesting dates of 4/15/2018 and 6/15/2018; ii) 46,492 RSUs with a grant date of 4/15/2015, 46,492 RSUs with a grant date of 4/15/2016, 54,247 with a grant date of 4/15/2017, and 66,521 RSUs with a grant date of 4/15/2018, each of which vested or will vest as to 25% of the underlying shares on the one-year anniversary of grant then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
  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 $185.6600 to $186.6599, 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.
  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 $186.6700 to $187.6699, 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. 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.
  6. This stock option grant became fully vested on March 3, 2018.
  7. This stock option grant became fully vested on July 1, 2016.