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Filing Details

Accession Number:: 0001327811-23-000181
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-10-10 20:08:59
Reporting Period:: 2023-10-05

Accepted Time:: 2023-10-10 20:08:59
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
1598140	James Bozzini	C/O Workday, Inc. 6110 Stoneridge Mall Road Pleasanton CA 94588	Coo	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2023-10-05	4,893	$205.41	134,225	No	4	S	Direct
Class A Common Stock	Disposition	2023-10-05	32	$206.44	134,193	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	101,714	Indirect	By the Bozzini Revocable Trust dtd 5/10/2004
Class A Common Stock	5,077	Indirect	By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 1
Class A Common Stock	5,077	Indirect	By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 2
Class A Common Stock	5,077	Indirect	By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 3
Class A Common Stock	39,456	Indirect	2022 GRAT 3
Class A Common Stock	39,456	Indirect	2022 GRAT 4
Class A Common Stock	29,826	Indirect	By JEM Cooperative, LLC

Footnotes

The sales reported on this Form 4 represent shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs). These sales are mandated by the Issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person.
The price reported is a weighted average price. These shares were sold as part of a block trade for multiple security holders of Workday, Inc. in multiple transactions at prices ranging from $203.43 to $208.85, 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 set forth in this footnote 2 with regard to the block trade.
Includes 101,412 RSUs, each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $206.39 to $206.4574, 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 set forth in this footnote of this Form 4.
The shares are held in a grantor retained annuity trust, of which the Reporting Person is the sole trustee, grantor, and recipient of annuity payments.
The shares are held in a grantor retained annuity trust, of which the Reporting Person's spouse is the sole trustee, grantor, and recipient of annuity payments.
These shares are owned directly by JEM Cooperative, LLC (the LLC). The Reporting Person is a co-manager of the LLC. The LLC is owned by three irrevocable trusts for which the Reporting Person's children are the beneficiaries.