Gomez Luciano Fernandez - Jul 15, 2021 Form 4 Insider Report for Workday, Inc. (WDAY)

Role
Co-CEO
Signature
/s/ Juliana Capata, attorney-in-fact
Stock symbol
WDAY
Transactions as of
Jul 15, 2021
Transactions value $
-$1,320,688
Form type
4
Date filed
7/19/2021, 08:40 PM
Previous filing
Jun 17, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction WDAY Class A Common Stock Sale -$1.14 K -5 0% $228.69 262 K Jul 15, 2021 Direct F1, F2
transaction WDAY Class A Common Stock Sale -$1.6 K -7 0% $228.78 262 K Jul 15, 2021 Direct F1, F2
transaction WDAY Class A Common Stock Sale -$1.6 K -7 0% $228.69 262 K Jul 15, 2021 Direct F1, F2
transaction WDAY Class A Common Stock Sale -$1.32 M -5.76 K -2.2% $228.37 256 K Jul 15, 2021 Direct F1, F2, F3

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person and 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 Includes 242,010 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.
F3 The price reported is a weighted average price. These shares were sold as part of a block trade for multiple securityholders of Workday, Inc. in multiple transactions at prices ranging from $228.45 to $231.34, 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 with regard to the block trade.