Filing Details

Accession Number:
0001327811-20-000160
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-10-19 17:06:40
Reporting Period:
2020-05-29
Accepted Time:
2020-10-19 17:06:40
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
1787944 Harry Richard Sauer C/O Workday, Inc.
6110 Stoneridge Mall Road
Pleasanton CA 94588
Evp, General Counsel & Secty 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 2020-05-29 256 $146.14 78,620 No 4 S Direct
Class A Common Stock Disposition 2020-10-15 4,707 $224.03 73,913 No 4 S Direct
Class A Common Stock Disposition 2020-10-15 95 $225.03 73,818 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
Footnotes
  1. Includes 68,247 Restricted Stock Units (RSUs) that entitle the Reporting Person to receive one share of Class A Common Stock per unit upon settlement from an original grant consisting of i) 37,895 RSUs with a grant date of 4/15/2020, which will vest as to 25% of the underlying shares on 4/15/2021 and then quarterly thereafter; and ii) 40,469 RSUs with a grant date of 10/15/2019, 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 the Issuer on the applicable vesting dates.
  2. Includes 256 shares of Class A Common Stock that were purchased through the Issuer's Employee Stock Purchase Program.
  3. 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.
  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 $224.0256 to $225.0255, 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.