Richard Harry Sauer - 18 Jan 2022 Form 4 Insider Report for Workday, Inc. (WDAY)

Signature
Juliana Capata, attorney-in-fact
Issuer symbol
WDAY
Transactions as of
18 Jan 2022
Net transactions value
-$850,802
Form type
4
Filing time
20 Jan 2022, 16:08:15 UTC
Previous filing
24 Nov 2021
Next filing
20 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDAY Class A Common Stock Sale $469,591 -1,894 -2.6% $247.94 71,160 18 Jan 2022 Direct F1, F2, F3
transaction WDAY Class A Common Stock Sale $5,963 -24 -0.03% $248.45 71,136 18 Jan 2022 Direct F1, F3, F4
transaction WDAY Class A Common Stock Sale $9,897 -40 -0.06% $247.42 71,096 19 Jan 2022 Direct F3, F5, F6
transaction WDAY Class A Common Stock Sale $27,637 -111 -0.16% $248.99 70,985 19 Jan 2022 Direct F3, F5, F7
transaction WDAY Class A Common Stock Sale $74,981 -300 -0.42% $249.94 70,685 19 Jan 2022 Direct F3, F5, F8
transaction WDAY Class A Common Stock Sale $70,290 -280 -0.4% $251.04 70,405 19 Jan 2022 Direct F3, F5, F9
transaction WDAY Class A Common Stock Sale $65,516 -260 -0.37% $251.98 70,145 19 Jan 2022 Direct F3, F5, F10
transaction WDAY Class A Common Stock Sale $55,721 -220 -0.31% $253.28 69,925 19 Jan 2022 Direct F3, F5, F11
transaction WDAY Class A Common Stock Sale $66,109 -260 -0.37% $254.27 69,665 19 Jan 2022 Direct F3, F5, F12
transaction WDAY Class A Common Stock Sale $5,097 -20 -0.03% $254.86 69,645 19 Jan 2022 Direct F3, F5, F13
* 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-l 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 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 security holders of Workday, Inc. in multiple transactions at prices ranging from $245.065 to $252.49, 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 58,749 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $248.4133 to $248.49, 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 sales reported in this Form 4 were effected pursuant to a Rule 10b5-l trading plan previously adopted by the Reporting Person.
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 $247.16 to $248.1599, 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 $248.53 to $249.5299, 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 $249.55 to $250.5499, 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 $250.58 to $251.5799, 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.
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 $251.63 to $252.6299, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $252.81 to $253.8099, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $253.83 to $254.8299 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $254.86 to $255.8599, 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.