Michael M. Mcnamara - Apr 1, 2022 Form 4 Insider Report for Workday, Inc. (WDAY)

Role
Director
Signature
/s/ Richard H. Sauer, attorney-in-fact
Stock symbol
WDAY
Transactions as of
Apr 1, 2022
Transactions value $
-$577,000
Form type
4
Date filed
4/5/2022, 09:46 PM
Previous filing
Nov 24, 2021
Next filing
Apr 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDAY Class A Common Stock Options Exercise $23K +2.5K +27.84% $9.20 11.5K Apr 1, 2022 Direct F1
transaction WDAY Class A Common Stock Sale -$600K -2.5K -21.78% $240.00 8.98K Apr 1, 2022 Direct F1, F2
holding WDAY Class A Common Stock 1K Apr 1, 2022 The McNamara Family Trust U/A DTD 10/11/2001

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WDAY Stock Option (right to buy) Options Exercise $0 -2.5K -16.67% $0.00 12.5K Apr 1, 2022 Class A Common Stock 2.5K $9.20 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,780 restricted stock units (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.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
F3 This stock option grant is fully vested and exercisable.
F4 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.
F5 Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one 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.