4//SEC Filing
Duffield Cheryl D. 4
Accession 0001181431-13-022087
CIK 0001327811other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 4:06 PM ET
Size
10.6 KB
Accession
0001181431-13-022087
Insider Transaction Report
Form 4
Workday, Inc.WDAY
Duffield Cheryl D.
10% Owner
Transactions
- Conversion
Class B Common Stock
2013-03-18−349,994→ 2,636,536 total→ Class A Common Stock (349,994 underlying) - Sale
Class A Common Stock
2013-04-10$58.15/sh−40,000$2,325,860→ 309,994 total
Cheryl D. Duffield Trust
10% Owner
Transactions
- Conversion
Class B Common Stock
2013-03-18−349,994→ 2,636,536 total→ Class A Common Stock (349,994 underlying) - Sale
Class A Common Stock
2013-04-10$58.15/sh−40,000$2,325,860→ 309,994 total
Footnotes (5)
- [F1]This trade is pursuant to a sale in accordance with a 10b5-1 Trading Plan for the Cheryl D. Duffield Trust dated September 12, 1996 (the "Cheryl D. Duffield Trust"), a revocable living trust of which Ms. Duffield is trustee and sole beneficiary.
- [F2]Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any "permitted transferee" as defined in, the Issuer's restated certificate of incorporation in effect as of the date hereof. The shares of Class B Common Stock have no expiration date.
- [F3]All shares of Class A and Class B Common Stock will convert automatically into shares of a single class of Common Stock upon the earliest to occur of the following: (a) upon the election by the holders of a majority of the then outstanding shares of Class B Common Stock, (b) the date when the number of outstanding shares of Class B Common Stock represents less than 9% of all outstanding shares of Class A and Class B Common Stock, (c) October 11, 2032 or (d) nine months after the death of the later to die of David A. Duffield and Aneel Bhusri. The shares of Class A and Class B Common Stock have no expiration date.
- [F4]On March 18, 2013, 349,994 shares of Class B Common Stock held by the Cheryl D. Duffield Trust were converted into 349,994 shares of Class A Common Stock. Cheryl D. Duffield and the Cheryl D. Duffield Trust are no longer 10% Owners of the Class A Common Stock.
- [F5]Held by the Cheryl D. Duffield Trust.
Documents
Issuer
Workday, Inc.
CIK 0001327811
Entity typeother
Related Parties
1- filerCIK 0001560426
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 4:06 PM ET
- Size
- 10.6 KB