4//SEC Filing
Bozzini James 4
Accession 0001327811-23-000141
CIK 0001327811other
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 5:15 PM ET
Size
14.1 KB
Accession
0001327811-23-000141
Insider Transaction Report
Form 4
Workday, Inc.WDAY
Bozzini James
Senior Vice President
Transactions
- Sale
Class A Common Stock
2023-07-05$222.26/sh−8$1,778→ 139,118 total - Sale
Class A Common Stock
2023-07-05$221.43/sh−4,933$1,092,326→ 139,126 total
Holdings
- 5,077(indirect: By Trust)
Class A Common Stock
- 5,077(indirect: By Trust)
Class A Common Stock
- 50,000(indirect: 2022 GRAT 4)
Class A Common Stock
- 50,000(indirect: 2022 GRAT 3)
Class A Common Stock
- 29,826(indirect: By LLC)
Class A Common Stock
- 80,626(indirect: By Trust)
Class A Common Stock
- 5,077(indirect: By Trust)
Class A Common Stock
Footnotes (8)
- [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 $220.01 to $222.7575, 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 111,154 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]Includes 147 shares of the Issuer's Class A Common Stock that were acquired through the Issuer's Employee Stock Purchase Plan.
- [F5]The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $222.2413 and $222.28, 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 of this Form 4.
- [F6]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.
- [F7]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.
- [F8]These shares are owned directly by JEM Cooperative, LLC (the LLC). The Reporting Person is a co-manager of the LLC. The LLC is owned by three irrevocable trusts for which the Reporting Person's children are the beneficiaries.
Documents
Issuer
Workday, Inc.
CIK 0001327811
Entity typeother
Related Parties
1- filerCIK 0001598140
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 5:15 PM ET
- Size
- 14.1 KB