SEC Form 4 · accession 0001209191-15-054405
Workday, Inc. · WDAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip W Wilmington
Officer — co-President
Period of report
Jun 15, 2015
Accepted (ET)
Jun 17, 2015 · 7:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001327811
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | Jun 15, 2015 | A | 113,000 | $0.00 | A | 250,100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 113,000 RSUs granted under the Issuer's 2012 Equity Incentive Plan, which will vest as follows: 25% of the total number of units will vest on June 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. All grants are subject to the Reporting Person's continued employment with Workday on the applicable vesting date. Grants of Restricted Stock Units (RSUs) 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.
- F2Includes 137,100 RSUs granted under the Issuer's 2012 Equity Incentive Plan, which will vest as follows: 25% of the total number of units will vest on March 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. All grants are subject to the Reporting Person's continued employment with Workday on the applicable vesting date. Grants of Restricted Stock Units (RSUs) 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.