4//SEC Filing
WILMINGTON PHILIP W 4
Accession 0001209191-17-045772
CIK 0001327811other
Filed
Jul 18, 8:00 PM ET
Accepted
Jul 19, 9:05 PM ET
Size
11.0 KB
Accession
0001209191-17-045772
Insider Transaction Report
Form 4
Workday, Inc.WDAY
WILMINGTON PHILIP W
co-President
Transactions
- Sale
Class A Common Stock
2017-07-17$102.47/sh−2,454$251,468→ 278,188 total - Sale
Class A Common Stock
2017-07-17$103.41/sh−800$82,726→ 277,388 total - Sale
Class A Common Stock
2017-07-17$102.88/sh−1,894$194,847→ 275,494 total
Footnotes (6)
- [F1]The sale of these shares was 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 tax withholding obligations to be funded by a "sell to cover" transaction and do not represent a discretionary trade 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 ranging from $102.0100 to $103.0099, 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 260,249 RSUs that entitle the Reporting Person to receive one share of Class A Common Stock per unit upon settlement, which will take place within 30 days of vesting, from original grants consisting of 137,100 RSUs with a grant date of 3/15/2015, 113,000 RSUs with a grant date of 6/15/2015, 112,676 RSUs with a grant date of 4/15/2016, and 66,302 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 then quarterly thereafter. All grants are subject to the Reporting Person's continued service with Workday on the applicable vesting date.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.1800 to $104.1799, 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 sale of these shares was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.8000 to $103.7999, 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
Documents
Issuer
Workday, Inc.
CIK 0001327811
Entity typeother
Related Parties
1- filerCIK 0001232413
Filing Metadata
- Form type
- 4
- Filed
- Jul 18, 8:00 PM ET
- Accepted
- Jul 19, 9:05 PM ET
- Size
- 11.0 KB