Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | WDAY | Stock Option (right to buy) | 12.5K | Jun 22, 2022 | Class A Common Stock | 12.5K | $9.20 | Direct | F1, F2, F3, F4 |
Id | Content |
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F1 | This stock option grant is fully vested and exercisable. |
F2 | 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. |
F3 | Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one 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. |
F4 | The original Form 4 filed on June 24, 2022, incorrectly reported the number of stock options beneficially owned by the Reporting Person. This Form 4/A reflects the correct number of stock options held by the Reporting Person as of the date of the original Form 4 and as of the date of this filing. |