Key facts
- This page summarizes David A. Duffield's Form 4 filing for Workday, Inc. (WDAY).
- 9 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 05 Apr 2022, 21:58.
David A. Duffield - 01 Apr 2022 Form 4 Insider Report for Workday, Inc. (WDAY)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- WDAY
- Reported as of
- 01 Apr 2022
- Net transaction value
- -$50,006,664
- SEC form
- 4
- Accepted by SEC
- 05 Apr 2022, 21:58:20 UTC
- Prior SEC filing
- 17 Mar 2022
- Next SEC filing
- 16 Jun 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Richard H. Sauer, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
David A. Duffield filed Form 4 for Workday, Inc. (WDAY) on 05 Apr 2022.
Change
- Previous filing in this sequence was filed on 17 Mar 2022.
- Current net transaction value: -$50,006,664.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WDAY
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- +209,657
- Change %
- +201%
- Price
- $0.000000
- Shares after
- 314,052
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2
WDAY
transaction
Class A Common Stock
Sale
- Transaction value
- $5,956,824
- Shares
- -25,221
- Change %
- -8%
- Price
- $236.19
- Shares after
- 288,831
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4
WDAY
transaction
Class A Common Stock
Sale
- Transaction value
- $14,444,738
- Shares
- -60,897
- Change %
- -21%
- Price
- $237.20
- Shares after
- 227,934
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F5
WDAY
transaction
Class A Common Stock
Sale
- Transaction value
- $8,370,671
- Shares
- -35,141
- Change %
- -15%
- Price
- $238.20
- Shares after
- 192,793
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F6
WDAY
transaction
Class A Common Stock
Sale
- Transaction value
- $6,211,506
- Shares
- -25,977
- Change %
- -13%
- Price
- $239.12
- Shares after
- 166,816
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F7
WDAY
transaction
Class A Common Stock
Sale
- Transaction value
- $8,975,837
- Shares
- -37,360
- Change %
- -22%
- Price
- $240.25
- Shares after
- 129,456
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F8
WDAY
transaction
Class A Common Stock
Sale
- Transaction value
- $5,144,700
- Shares
- -21,330
- Change %
- -16%
- Price
- $241.20
- Shares after
- 108,126
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F9
WDAY
transaction
Class A Common Stock
Sale
- Transaction value
- $902,388
- Shares
- -3,731
- Change %
- -3.5%
- Price
- $241.86
- Shares after
- 104,395
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F10
WDAY
holding
Class A Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 307,500
- Date
- 01 Apr 2022
- Ownership
- Dave and Cheryl Duffield Foundation
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WDAY
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -209,657
- Change %
- -0.46%
- Price
- $0.000000
- Shares after
- 45,719,856
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 209,657
- Exercise price
- Footnotes
- F11, F12, F13
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 13 footnotes
Footnote F1
Includes 1,398 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.
Footnote F2
The reported shares are held by the David A. Duffield Trust dated July 14, 1988, a revocable living trust, of which the Reporting Person is trustee and sole beneficiary, other than the shares underlying the RSUs described in Footnote 1.
Footnote F3
This sale was effected pursuant to a Rule 10b5-l trading plan previously adopted by the David A. Duffield Trust.
Footnote 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 $235.62 to $236.6199, 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.
Footnote F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $236.70 to $237.6999, 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.
Footnote F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $237.70 to $238.6999, 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.
Footnote F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $238.70 to $239.6999, 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.
Footnote F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $239.72 to $240.7199, 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.
Footnote F9
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $240.72 to $241.7199, 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.
Footnote F10
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $241.73 to $242.7299, 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.
Footnote F11
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.
Footnote F12
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.
Footnote F13
The reported shares are held by the David A. Duffield Trust dated July 14, 1988, a revocable living trust, of which the Reporting Person is trustee and sole beneficiary.