George J. Still Jr - Sep 12, 2017 Form 4/A - Amendment Insider Report for Workday, Inc. (WDAY)

Role: Director
Signature: /s/ Juliana Capata, attorney-in-fact
Stock symbol: WDAY
Transactions as of: Sep 12, 2017
Transactions value $: -$1,066,845
Form type: 4/A - Amendment
Date filed: 6/10/2021, 07:41 PM
Date Of Original Report: Sep 14, 2017
Next filing: Jun 10, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WDAY	Class A Common Stock	Sale	-$390K	-3.68K	-10.51%	$106.02	31.3K	Sep 12, 2017	By the Still Family Trust	F1, F2, F3
transaction	WDAY	Class A Common Stock	Sale	-$569K	-5.32K	-16.99%	$106.86	26K	Sep 12, 2017	By the Still Family Trust	F1, F3, F4
transaction	WDAY	Class A Common Stock	Sale	-$75.5K	-700	-2.69%	$107.88	25.3K	Sep 12, 2017	By the Still Family Trust	F1, F3, F5
transaction	WDAY	Class A Common Stock	Sale	-$32.6K	-300	-1.19%	$108.83	25K	Sep 12, 2017	By the Still Family Trust	F1, F3, F6
holding	WDAY	Class A Common Stock						26.4K	Sep 12, 2017	Direct	F7, F8
holding	WDAY	Class A Common Stock						13K	Sep 12, 2017	By Still Family Partners	F9

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
holding	WDAY	Class B Common Stock						141K	Sep 12, 2017	Class A Common Stock	141K	$0.00	By Still Family Partners	F9, F10, F11
holding	WDAY	Stock Option (right to buy)						100K	Sep 12, 2017	Class A Common Stock	100K	$0.65	Direct	F12
holding	WDAY	Stock Option (right to buy)						90K	Sep 12, 2017	Class A Common Stock	90K	$4.25	Direct	F13
holding	WDAY	Stock Option (right to buy)						30K	Sep 12, 2017	Class A Common Stock	30K	$9.20	Direct	F14

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This sale was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Still Family Trust, DTD 3/12/1996 (the "Still Family Trust").
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $105.4200 to $106.4199, 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	Shares held by the Still Family Trust. Mr. Still is a trustee of the Still Family Trust, and may be deemed to have voting and dispositive power with regard to the shares held directly by the Still Family Trust. Mr. Still disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.4300 to $107.4299, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.4300 to $108.4299, 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.
F6	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.6500 to $109.6499, 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.
F7	Includes 4,492 Restricted Stock Units (RSUs) granted under the Issuer's 2012 Equity Incentive Plan. The grant will entitle the Reporting Person to receive one share of Class A Common Stock for each vested RSU upon settlement, which will take place within 30 days of vesting. The RSUs will vest one-hundred percent (100%) on May 15, 2018, subject to the Report Person's continued service with the Issuer on such date.
F8	On June 20, 2017, the Reporting Person received 4,492 RSUs granted under the Issuer's 2012 Equity Incentive Plan. This Form 4 is amended to include the 4,492 RSUs inadvertently omitted in the total amount of securities owned by the Reporting Person in this original Form 4 filed on September 14, 2017.
F9	Shares held by Still Family Partners, a California limited partnership formed 3/26/1996 (the "Still Family Partners"). Mr. Still is general partner of Still Family Partners, and may be deemed to have voting and dispositive power with regard to the shares held directly by Still Family Partners. Mr. Still disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F10	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.
F11	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 (9) 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.
F12	The stock option grant is under the Issuer's 2005 Stock Plan and is exercisable in full or in part at any time. This stock option grant became fully vested on October 27, 2014.
F13	The stock option grant is under the Issuer's 2005 Stock Plan and is exercisable in full or in part at any time. This stock option grant became fully vested on November 2, 2016.
F14	The stock option grant is under the Issuer's 2005 Stock Plan and is exercisable in full or in part at any time. This stock option grant became fully vested on January 1, 2014.