SEC Form 4 · accession 0001209191-18-022154
Workday, Inc. · WDAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Bozzini
Officer — COO & Executive Vice President
Period of report
Mar 27, 2018
Accepted (ET)
Mar 29, 2018 · 8:01 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 | Mar 27, 2018 | M | 7,500 | $2.30 | A | 198,414 | D | |
| Class A Common StockF3,F1 | Mar 27, 2018 | S | 660 | $125.6873 | D | 197,754 | D | |
| Class A Common StockF4,F1 | Mar 27, 2018 | S | 600 | $126.6754 | D | 197,154 | D | |
| Class A Common StockF5,F1 | Mar 27, 2018 | S | 600 | $128.075 | D | 196,554 | D | |
| Class A Common StockF6,F1 | Mar 27, 2018 | S | 500 | $128.771 | D | 196,054 | D | |
| Class A Common StockF7,F1 | Mar 27, 2018 | S | 700 | $129.7114 | D | 195,354 | D | |
| Class A Common StockF8,F1 | Mar 27, 2018 | S | 1,140 | $130.8958 | D | 194,214 | D | |
| Class A Common StockF9,F1 | Mar 27, 2018 | S | 2,800 | $132.0781 | D | 191,414 | D | |
| Class A Common StockF10,F1 | Mar 27, 2018 | S | 500 | $132.53 | D | 190,914 | D | |
| Class A Common StockF1 | Mar 28, 2018 | M | 7,500 | $2.30 | A | 198,414 | D | |
| Class A Common StockF11,F1 | Mar 28, 2018 | S | 900 | $123.1789 | D | 197,514 | D | |
| Class A Common StockF12,F1 | Mar 28, 2018 | S | 4,800 | $123.9869 | D | 192,714 | D | |
| Class A Common StockF13,F1 | Mar 28, 2018 | S | 1,600 | $124.8634 | D | 191,114 | D | |
| Class A Common StockF14,F1 | Mar 28, 2018 | S | 200 | $125.97 | D | 190,914 | D | |
| Class A Common Stock | holding | — | — | — | 99,235 | I | By Bozzini Revocable Trust dtd 5/10/2004 | |
| Class A Common Stock | holding | — | — | — | 11,077 | I | By The Bozzini Irrevocable Trust dtd 4/12/2012 | |
| Class A Common Stock | holding | — | — | — | 11,077 | I | By The Bozzini Irrevocable Trust dtd 4/12/2012 | |
| Class A Common Stock | holding | — | — | — | 11,077 | I | By The Bozzini Irrevocable Trust dtd 4/12/2012 |
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)F15 | $2.30 | Mar 27, 2018 | M | 7,500 | D | — | Feb 18, 2021 | Class A Common Stock | 7,500 | 13,250 | D |
| Stock Option (right to buy)F15 | $2.30 | Mar 28, 2018 | M | 7,500 | D | — | Feb 18, 2021 | Class A Common Stock | 7,500 | 5,750 | D |
| Stock Option (right to buy)F16 | $7.05 | holding | — | — | — | — | May 4, 2022 | Class A Common Stock | 43,750 | 43,750 | D |
Explanation of responses
- F1Includes 112,795 RSUs that entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, from original grants consisting of i) 46,492 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) 46,492 RSUs with a grant date of 4/15/2015, 46,492 RSUs with a grant date of 4/15/2016 and 66,302 RSUs with a grant date of 4/14/2017, each of 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.
- F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $132.3600 to $133.3599, 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.
- F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $122.5100 to $123.5099, 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.
- F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $123.5100 to $124.5099, 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.
- F13The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $124.5100 to $125.5099, 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.
- F14The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $125.5100 to $126.5099, 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.
- F15This stock option grant became fully vested on January 1, 2017.
- F16This stock option grant became fully vested on January 1, 2018.
- F2The sales reported in this Form 4 were 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 within the range of $125.3600 to $126.3599, 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 within the range of $126.3600 to $127.3599, 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 within the range of $127.3600 to $128.3599, 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 within the range of $128.3600 to $129.3599, 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 within the range of $129.3600 to $130.3599, 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.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $130.3600 to $131.3599, 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.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $131.3600 to $132.3599, 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.