SEC Form 4 · accession 0001327811-19-000004
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
Jan 9, 2019
Accepted (ET)
Jan 11, 2019 · 7:22 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 StockF2,F3,F4 | Jan 9, 2019 | S | 1,938 | $165.7178 | D | 216,390 | D | |
| Class A Common StockF5,F3 | Jan 9, 2019 | S | 12,529 | $167.0164 | D | 203,861 | D | |
| Class A Common StockF6,F3 | Jan 9, 2019 | S | 15,983 | $167.7802 | D | 187,878 | D | |
| Class A Common StockF7,F3 | Jan 9, 2019 | S | 1,800 | $168.5711 | D | 186,078 | D | |
| Class A Common Stock | holding | — | — | — | 99,235 | I | By the Bozzini Revocable Trust dtd 5/10/2004 | |
| Class A Common Stock | holding | — | — | — | 11,077 | I | By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 1 | |
| Class A Common Stock | holding | — | — | — | 11,077 | I | By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 2 | |
| Class A Common Stock | holding | — | — | — | 11,077 | I | By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 3 |
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 | holding | — | — | — | — | May 4, 2022 | Class A Common Stock | 43,750 | 43,750 | D |
| Stock Option (right to buy)F9 | $2.30 | holding | — | — | — | — | Feb 18, 2021 | Class A Common Stock | 5,750 | 5,750 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $165.4300 to $166.4299, 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.
- F3Includes 115,555 Restricted Stock Units (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 04/15/2015; ii) 46,492 RSUs with a grant date of 04/15/2016; iii) 66,302 RSUs with a grant date of 4/14/2017; and iv) 50,869 RSUs with a grant date of 4/15/2018; 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 service with the Issuer on the applicable vesting dates.
- F4Includes 34 shares of Class A Common Stock that were purchased through the Issuer's Employee Stock Purchase Program.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $166.4300 to $167.4299, 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 $167.4300 to $168.4299, 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 $168.4300 to $169.4299, 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 on January 1, 2018.
- F9This stock option grant became fully vested on January 1, 2017.