Filing Details

Accession Number:
0001327811-19-000207
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-09 20:36:40
Reporting Period:
2019-12-05
Accepted Time:
2019-12-09 20:36:40
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
1196579 Aneel Bhusri C/O Workday, Inc.
6110 Stoneridge Mall Road
Pleasanton CA 94588
Chief Executive Officer Yes 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 2019-12-05 300,000 $1.30 674,387 No 4 M Direct
Class A Common Stock Disposition 2019-12-05 90,642 $160.26 583,745 No 4 S Direct
Class A Common Stock Disposition 2019-12-05 122,254 $161.11 461,491 No 4 S Direct
Class A Common Stock Disposition 2019-12-05 64,563 $161.99 396,928 No 4 S Direct
Class A Common Stock Disposition 2019-12-05 1,960 $163.46 394,968 No 4 S Direct
Class A Common Stock Disposition 2019-12-05 16,687 $164.38 378,281 No 4 S Direct
Class A Common Stock Disposition 2019-12-05 3,894 $165.01 374,387 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S 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 Non-Plan Stock Option (Right to Buy) Acquisiton 2019-12-05 300,000 $1.30 300,000 $1.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
653,356 2020-11-03 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 Class B Common Stock $0.00 5,000 5,000 Indirect
Class A Common Stock Class B Common Stock $0.00 8,126,443 8,126,443 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,000 5,000 Indirect
8,126,443 8,126,443 Direct
Footnotes
  1. Includes 144,620 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) 52,204 RSUs with a grant date of 4/22/2019, which will vest as to 25% of the underlying shares on 4/15/2020 and then quarterly thereafter; and ii) 22,535 RSUs with a grant date of 4/15/2016, 108,494 RSUs with a grant date of 4/14/2017, and 78,260 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 and then quarterly thereafter. All grants are subject to the Reporting Person's continued service 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 previously adopted by the Reporting Person.
  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 $159.7000 to $160.6999, 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 $160.7000 to $161.6999, 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $161.7000 to $162.6999, 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $162.9000 to $163.8999, 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 within the range of $163.9100 to $164.9099, 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $164.9300 to $165.9299, 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 stock option grant was issued outside of the Issuer's 2005 Stock plan and became fully vested on January 1, 2018.
  10. 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.
  11. 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.