Home/Filings/4/0001327811-23-000058
4//SEC Filing

Bozzini James 4

Accession 0001327811-23-000058

CIK 0001327811other

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 6:03 PM ET

Size

14.3 KB

Accession

0001327811-23-000058

Insider Transaction Report

Form 4
Period: 2023-04-05
Bozzini James
Senior Vice President
Transactions
  • Sale

    Class A Common Stock

    2023-04-05$197.08/sh197$38,82592,654 total
  • Sale

    Class A Common Stock

    2023-04-05$196.35/sh10,377$2,037,52292,851 total
Holdings
  • Class A Common Stock

    (indirect: 2020 GRAT 1)
    30,517
  • Class A Common Stock

    (indirect: By Trust)
    5,077
  • Class A Common Stock

    (indirect: 2022 GRAT 4)
    50,000
  • Class A Common Stock

    (indirect: By Trust)
    49,418
  • Class A Common Stock

    (indirect: By Trust)
    5,077
  • Class A Common Stock

    (indirect: 2020 GRAT 2)
    30,517
  • Class A Common Stock

    (indirect: 2022 GRAT 3)
    50,000
  • Class A Common Stock

    (indirect: By Trust)
    5,077
Footnotes (6)
  • [F1]The sales reported on this Form 4 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 is a weighted average price. These shares were sold as part of a block trade for multiple security holders of Workday, Inc. in multiple transactions at prices ranging from $194.01 to $200.53, 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 set forth in this footnote 2 with regard to the block trade.
  • [F3]Includes 69,638 RSUs, each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement. All grants are subject to the Reporting Person's continued service with the Issuer 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 $196.9801 and $197.37, 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 shares are held in a grantor retained annuity trust, of which the Reporting Person is the sole trustee, grantor, and recipient of annuity payments.
  • [F6]The shares are held in a grantor retained annuity trust, of which the Reporting Person's spouse is the sole trustee, grantor, and recipient of annuity payments.

Issuer

Workday, Inc.

CIK 0001327811

Entity typeother

Related Parties

1
  • filerCIK 0001598140

Filing Metadata

Form type
4
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 6:03 PM ET
Size
14.3 KB