Filing Details

Accession Number:
0001327811-24-000194
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-20 16:19:11
Reporting Period:
2024-09-18
Accepted Time:
2024-09-20 16:19:11
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
938071 A David Duffield C/O Workday, Inc.
6110 Stoneridge Mall Road
Pleasanton CA 94588
No No Yes 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 2024-09-18 5,250 $244.19 556,750 No 4 S Indirect Dave and Cheryl Duffield Foundation
Class A Common Stock Disposition 2024-09-18 6,703 $244.89 550,047 No 4 S Indirect Dave and Cheryl Duffield Foundation
Class A Common Stock Disposition 2024-09-18 8,395 $245.90 541,652 No 4 S Indirect Dave and Cheryl Duffield Foundation
Class A Common Stock Disposition 2024-09-18 4,239 $246.83 537,413 No 4 S Indirect Dave and Cheryl Duffield Foundation
Class A Common Stock Disposition 2024-09-18 12,205 $248.35 525,208 No 4 S Indirect Dave and Cheryl Duffield Foundation
Class A Common Stock Disposition 2024-09-18 7,980 $249.01 517,228 No 4 S Indirect Dave and Cheryl Duffield Foundation
Class A Common Stock Disposition 2024-09-18 10,134 $250.16 507,094 No 4 S Indirect Dave and Cheryl Duffield Foundation
Class A Common Stock Disposition 2024-09-18 2,094 $250.85 505,000 No 4 S Indirect Dave and Cheryl Duffield Foundation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Dave and Cheryl Duffield Foundation
No 4 S Indirect Dave and Cheryl Duffield Foundation
No 4 S Indirect Dave and Cheryl Duffield Foundation
No 4 S Indirect Dave and Cheryl Duffield Foundation
No 4 S Indirect Dave and Cheryl Duffield Foundation
No 4 S Indirect Dave and Cheryl Duffield Foundation
No 4 S Indirect Dave and Cheryl Duffield Foundation
No 4 S Indirect Dave and Cheryl Duffield Foundation
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 102,997 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class A Common Stock Class B Common Stock $0.00 43,229,775 43,229,775 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
43,229,775 43,229,775 Direct
Footnotes
  1. This sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the David A. Duffield Trust, the Cheryl D. Duffield Trust, and the Dave & Cheryl Duffield Foundation dated December 4, 2023.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $243.4900 to $244.4899, 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $244.4900 to $245.4899, 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 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $245.4900 to $246.4899, 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 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $246.4900 to $247.4899, 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. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $247.6300 to $248.6299, 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 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $248.6300 to $249.6299, 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.
  8. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $249.6400 to $250.6399, 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.
  9. The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $250.6600 to $251.6599, 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.
  10. The reported shares are held by the David A. Duffield Trust dated July 14, 1988, a revocable living trust, of which the Reporting Person is trustee and sole beneficiary.
  11. 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 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.
  12. 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.