SEC Form 4 · accession 0001327811-18-000074
Workday, Inc. · WDAY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P Shaughnessy
Officer — SVP, General Counsel & Secty
Period of report
Dec 20, 2018
Accepted (ET)
Dec 21, 2018 · 5:52 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 | Dec 20, 2018 | S | 10,000 | $155.69 | D | 48,435 | D | |
| Class A Common Stock | holding | — | — | — | 35,840 | I | Shaughnessy Family Trust Agreement u/a/d 11/15/13 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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 $155.69 per share for the purpose of determining the number of shares of the exchange fund issuable to the Reporting Person.
- F2Includes 34,553 restricted stock units (RSUs) that entitle the Reporting Person to receive one share of Class A Common Stock per unit upon settlement, from original grants consisting of i) 27,895 RSUs with a grant date of 04/15/2015, and 42,192 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 quarterly thereafter; and ii) 4,696 RSUs with a grant date of 4/15/2018 of which 100% will vest on 4/15/2019. All grants are subject to the Reporting Person's continued service with Workday on the applicable vesting dates.