SEC Form 4/A · accession 0001209191-16-156026
Workday, Inc. · WDAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
David A Duffield
Officer — Chairman · Director · 10% Owner
Period of report
Dec 13, 2016
Accepted (ET)
Dec 19, 2016 · 7:44 pm EST
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,F3 | Dec 13, 2016 | G | 150,000 | $0.00 | D | 139,182 | D | |
| Class A Common StockF5,F6 | Dec 15, 2016 | S | 955 | $69.6022 | D | 112,056 | I | Dave & Cheryl Duffield Foundation |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Includes 97,556 RSUs that entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, which will take place within 30 days of vesting, from original grants consisting of i) 59,628 RSUs with a grant date of 8/30/2013 which vested or will vest in eight (8)quarterly installments beginning 11/15/2015, ii) 46,492 RSUs with a grant date of 4/15/2014 which vested or will vest in eight (8) quarterly installments beginning 7/15/2016, iii) 46,492 RSUs with a grant date of 4/15/2015 and 11,268 RSUs with a grant date of 4/15/2016 each of which vested or will vest as to 25% of the underlying shares on the one-year anniversary of grant then quarterly thereafter. All grants are subject to the Reporting Person's continued employment with Workday on the applicable vesting date.
- F2Reported 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 97,556 RSUs described in Footnote 1.
- F3This form 4 is being amended to correct a typographical error which resulted in footnote 3 of the original Form 4 failing to exclude from the shares held by the David A Duffield Trust dated July 14, 1988 the 97,556 RSUs reported in Footnote 1.
- F4The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by The Dave & Cheryl Duffield Foundation on January 11, 2016.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.5700 to $70.5699, 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.
- F6This form 4 is being amended to correct a typographical error which resulted in incorrectly reporting the amount of securities beneficially owned following the reported transaction. The original Form 4 reported 12,056 shares.