SEC Form 4 · accession 0001209191-18-039332
Workday, Inc. · WDAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael M McNamara
Director
Period of report
Jun 20, 2018
Accepted (ET)
Jun 22, 2018 · 8:05 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 20, 2018 | A | 3,020 | $0.00 | A | 26,644 | D | |
| Class A Common StockF3,F1 | Jun 21, 2018 | S | 19,755 | $128.05 | D | 6,889 | 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)F4 | $4.25 | holding | — | — | — | — | Dec 15, 2021 | Class A Common Stock | 150,000 | 150,000 | D |
| Stock Option (Right to Buy)F5 | $9.20 | holding | — | — | — | — | Aug 27, 2022 | Class A Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Includes 3,020 Restricted Stock Units (RSUs) granted under the Issuer's 2012 Equity Incentive Plan. The grant will entitle the Reporting Person to receive one share of Class A Common Stock for each vested RSU upon settlement, which will take place within 30 days of vesting. The RSUs will vest one-hundred percent (100%) on May 15, 2019, subject to the Report Person's continued service with the Issuer on such date.
- F2The Reporting Person no longer has a reportable beneficial interest in 4,000 shares of Issuer's Class A Common Stock owned by the Reporting Person's child and included in the Reporting Person's prior ownership reports.
- F3The Reporting Person contributed Issuer's Class A Common Stock to an exchange fund in exchange for shares of the exchange fund. The Issuer's Class A Common Stock was valued at $128.05 per share for the purpose of determining the number of shares of the exchange fund issuable to the Reporting Person.
- F4The stock option grant was issued under the Issuer's 2005 Stock Plan and vested 100% on December 16, 2016. This option grant is exercisable in full or in part at any time.
- F5The stock option grant was issued under the Issuer's 2005 Stock Plan and vested 100% on January 1, 2014. This option grant is exercisable in full or in part at any time.