Filing Details

Accession Number:
0001327811-22-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-06 17:03:25
Reporting Period:
2022-01-04
Accepted Time:
2022-01-06 17:03:25
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
Yes 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 Acquisiton 2022-01-04 300,988 $0.00 405,383 No 4 C Direct
Class A Common Stock Disposition 2022-01-04 34,590 $245.56 370,793 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 29,684 $246.65 341,109 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 41,154 $247.51 299,955 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 72,580 $248.61 227,375 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 68,588 $249.50 158,787 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 10,590 $250.36 148,197 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 5,850 $251.32 142,347 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 4,350 $252.51 137,997 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 10,311 $254.70 127,686 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 7,400 $255.81 120,286 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 8,491 $256.72 111,795 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 1,200 $257.86 110,595 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 3,100 $259.87 107,495 No 4 S Direct
Class A Common Stock Disposition 2022-01-04 3,100 $263.72 104,395 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C 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
No 4 S 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
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2022-01-04 300,988 $0.00 300,988 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
46,133,889 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 410,000 Indirect Dave and Cheryl Duffield Foundation
Footnotes
  1. Includes 1,398 restricted stock units (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.
  2. 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, other than the shares underlying the RSUs described in Footnote 1.
  3. This sale was effected pursuant to a Rule 10b5-l trading plan previously adopted by the David A. Duffield Trust.
  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 $245.04 to $246.0399, 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 $246.05 to $247.0499, 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 $247.05 to $248.0499, 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 $248.05 to $249.0499, 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 $249.05 to $250.0499, 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 in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $250.05 to $251.0499, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $251.05 to $252.0499, 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.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $252.07 to $253.0699, 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.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $254.10 to $255.0999, 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.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $255.29 to $256.2899, 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.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $256.30 to $257.2999, 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.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $257.86 to $258.8599, 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.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $259.55 to $260.5499, 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.
  17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $263.72 to $264.7199, 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.
  18. 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.
  19. 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.
  20. 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.