SEC Form 4 · accession 0001209191-18-020781

Workday, Inc. · WDAY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael A. Stankey

Director

Period of report

Mar 15, 2018

Accepted (ET)

Mar 19, 2018 · 8:47 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
Class A Common Stock^F1	Mar 15, 2018	M	12,500	$7.05	A	184,491	D
Class A Common Stock^F3,F1	Mar 15, 2018	S	3,900	$136.4224	D	180,591	D
Class A Common Stock^F4,F1	Mar 15, 2018	S	7,300	$137.5688	D	173,291	D
Class A Common Stock^F5,F1	Mar 15, 2018	S	1,300	$138.0638	D	171,991	D
Class A Common Stock^F1	Mar 16, 2018	M	12,500	$7.05	A	184,491	D
Class A Common Stock^F6,F1	Mar 16, 2018	S	9,800	$135.1367	D	174,691	D
Class A Common Stock^F7,F1	Mar 16, 2018	S	2,700	$136.0522	D	171,991	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F8	$7.05	Mar 15, 2018	M	12,500	D	—	May 3, 2022	Class A Common Stock	12,500	37,487	D
Stock Option (right to buy)^F8	$7.05	Mar 16, 2018	M	12,500	D	—	May 3, 2022	Class A Common Stock	12,500	24,987	D

Explanation of responses

F1Includes 40,681 restricted stock units (RSUs) that 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, from original grants consisting of i) 92,984 RSUs with a grant date of 04/15/2014 which vested or will vest in eight (8) quarterly installments beginning 07/15/2016, and ii) 92,984 RSUs with a grant date of 04/15/2015 which vested or will vest as to 25% of the underlying shares on the one-year anniversary of grant and quarterly thereafter. All grants are subject to the Reporting Person's continued service with Workday on the applicable vesting dates.
F2This sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.9600 to $136.9599, 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.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.9600 to $137.9599, 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.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.9600 to $138.9599, 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.
F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.6000 to $135.5999, 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.
F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.6000 to $136.5999, 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.
F8This stock option grant became fully vested as of January 1, 2018 and is exercisable in full or in part at any time.