Daly Robynne Sisco - Oct 15, 2021 Form 4 Insider Report for Workday, Inc. (WDAY)

Signature
/s/ Juliana Capata, attorney-in-fact
Stock symbol
WDAY
Transactions as of
Oct 15, 2021
Transactions value $
-$3,201,025
Form type
4
Date filed
10/19/2021, 05:19 PM
Previous filing
Jul 19, 2021
Next filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDAY Class A Common Stock Sale -$1.6M -5.94K -4.37% $270.09 130K Oct 15, 2021 Direct F1, F2, F3
transaction WDAY Class A Common Stock Sale -$134K -500 -0.38% $268.66 130K Oct 18, 2021 Direct F3, F4, F5
transaction WDAY Class A Common Stock Sale -$378K -1.4K -1.08% $269.89 128K Oct 18, 2021 Direct F3, F4, F6
transaction WDAY Class A Common Stock Sale -$460K -1.7K -1.33% $270.87 126K Oct 18, 2021 Direct F3, F4, F7
transaction WDAY Class A Common Stock Sale -$296K -1.09K -0.86% $272.23 125K Oct 18, 2021 Direct F3, F4, F8
transaction WDAY Class A Common Stock Sale -$327K -1.2K -0.96% $272.76 124K Oct 18, 2021 Direct F3, F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 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 $268.15 to $271.40, 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 110,786 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.
F4 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
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 $268.2900 to $269.2899, 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 within the range of $269.4700 to $270.4699, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $270.5200 to $271.5199, 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.
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 $271.6000 to $272.5999, 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.
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 $272.6100 to $273.6099, 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.