Filing Details

Accession Number:
0001209191-15-029701
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-26 20:21:49
Reporting Period:
2015-03-24
Filing Date:
2015-03-26
Accepted Time:
2015-03-26 20:21:49
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
1557713 A. Michael Stankey C/O Workday, Inc.
6230 Stoneridge Mall Road
Pleasanton CA 94550
President And Coo 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 Acquisiton 2015-03-24 92,984 $0.00 291,017 No 4 A Direct
Class A Common Stock Acquisiton 2015-03-25 24,375 $0.65 315,392 No 4 M Direct
Class A Common Stock Disposition 2015-03-25 12,375 $83.32 303,017 No 4 S Direct
Class A Common Stock Disposition 2015-03-25 8,600 $84.29 294,417 No 4 S Direct
Class A Common Stock Acquisiton 2015-03-25 3,300 $84.89 291,117 No 4 S Direct
Class A Common Stock Acquisiton 2015-03-25 100 $85.88 291,017 No 4 S Direct
Class A Common Stock Acquisiton 2015-03-26 24,375 $0.65 315,392 No 4 M Direct
Class A Common Stock Disposition 2015-03-26 14,400 $83.05 300,992 No 4 S Direct
Class A Common Stock Disposition 2015-03-26 9,875 $83.87 291,117 No 4 S Direct
Class A Common Stock Disposition 2015-03-26 100 $84.51 291,017 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (right to buy) Disposition 2015-03-25 24,375 $0.65 24,375 $0.65
Class A Common Stock Stock Option (right to buy) Disposition 2015-03-26 24,375 $0.65 24,375 $0.65
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,050,609 2019-10-29 No 4 M Direct
1,026,234 2019-10-29 No 4 M 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) $2.30 2021-02-17 675,000 675,000 Direct
Class A Common Stock Stock Option (right to buy) $7.05 2022-05-03 150,000 150,000 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-02-17 675,000 675,000 Direct
2022-05-03 150,000 150,000 Direct
Footnotes
  1. Includes 290,317 restricted stock units (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, of which 104,349 RSUs will vest in eight (8) quarterly installments beginning November 15, 2015, and 92,984 of the RSUs will vest in eight (8) quarterly installments beginning July 15, 2016, and 92,984 of the RSUs will vest as follows: 25% of the total number of units will vest on 04/15/2016 when the Reporting Person completes 12 months of continuous service and 6.25% of the total number of units will vest as the Reporting Person completes each 3-month period of continuous service thereafter, subject to the Reporting Person's continued employment with Workday on the applicable vesting date.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 15, 2014.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.7000 to $83.6999, inclusive. The Reporting Person undertakes 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 ranging from $83.7000 to $84.6999, inclusive. The Reporting Person undertakes 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 $84.7000 to $85.6999, inclusive. The Reporting Person undertakes 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.5000 to $83.4999, inclusive. The Reporting Person undertakes 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 $83.5000 to $84.4999, inclusive. The Reporting Person undertakes 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. This stock option grant is under the Issuer's 2005 Stock Option Plan and vests as follows: 20% of the total number of shares vested on October 1, 2010 when the Reporting Person completed 12 months of continuous service, and 5% of the total number of shares vests as the Reporting Person completes each 3-month period of continuous service thereafter. This option grant will be 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.
  9. This stock option grant is under the Issuer's 2005 Stock Option Plan and vests as follows: 20% of the total number of shares vested on January 1, 2012 when the Reporting Person completed 12 months of continuous service, and 5% of the total number of shares vests as the Reporting Person completes each 3-month period of continuous service thereafter. This option grant will be 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. This stock option grant is under the Issuer's 2005 Stock Option Plan and vests as follows: 20% of the total number of shares vested on January 1, 2014 when the Reporting Person completed 12 months of continuous service, and 5% of the total number of shares vests as the Reporting Person completes each 3-month period of continuous service thereafter. This option grant will be 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.