Form Type: 4

SEC EDGAR Link
Accession Number:0001327811-19-000185
Date:2019-10-15
Issuer: WORKDAY, INC. (WDAY)
Original Submission Date:

Reporting Person:

SISCO ROBYNNE
C/O WORKDAY, INC.
6110 STONERIDGE MALL ROAD PLEASANTON, CA 94588

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2019-10-15 S 1,031 d $182.46 136,891 direct
CLASS A COMMON STOCK 2019-10-15 S 1,599 d $183.58 135,292 direct
CLASS A COMMON STOCK 2019-10-15 S 2,249 d $184.67 133,043 direct
CLASS A COMMON STOCK 2019-10-15 S 100 d $185.16 132,943 direct
CLASS A COMMON STOCK 2019-10-15 S 5,259 d $181.04 127,684 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the sales reported on this form 4 were effected pursuant to a rule 10b5-1 trading plan previously adopted by the reporting person and represent shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of restricted stock units (rsus). these sales are mandated by the issuer's election under its equity incentive plans to require the satisfaction of a tax withholding obligation to be funded by a "sell to cover" transaction and do not represent discretionary trades by the reporting person.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices within the range of $182.0800 to $183.0799, 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.
f3 includes 114,281 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) 46,984 rsus with a grant date of 4/22/2019, which will vest as to 25% of the underlying shares on 4/15/2020 and then quarterly thereafter; and ii) 43,020 rsus with a grant date of 4/15/2016, 54,247 rsus with a grant date of 4/14/2017, and 66,521 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 and then quarterly thereafter. all grants are subject to the reporting person's continued service with workday on the applicable vesting dates.
f4 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices within the range of $183.1100 to $184.1099, 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.
f5 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices within the range of $184.1100 to $185.1099, 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.
f6 the sales reported in this form 4 were effected pursuant to a rule 10b5-1 trading plan previously adopted by the reporting person.
f7 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices within the range of $180.7800 to $181.7799, 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.
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