James Bozzini - Jul 15, 2022 Form 4 Insider Report for Workday, Inc. (WDAY)

Signature
/s/ Juliana Capata, attorney-in-fact
Stock symbol
WDAY
Transactions as of
Jul 15, 2022
Transactions value $
-$696,582
Form type
4
Date filed
7/19/2022, 04:34 PM
Previous filing
Apr 22, 2022
Next filing
Sep 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDAY Class A Common Stock Gift $0 +2.77K +3.19% $0.00 89.4K May 10, 2022 By the Bozzini Revocable Trust dtd 5/10/2004
transaction WDAY Class A Common Stock Gift $0 -1.38K -4.34% $0.00 30.5K May 10, 2022 2020 GRAT 1 F1
transaction WDAY Class A Common Stock Gift $0 -1.38K -4.34% $0.00 30.5K May 10, 2022 2020 GRAT 2 F2
transaction WDAY Class A Common Stock Sale -$697K -5.03K -2.83% $138.49 173K Jul 15, 2022 Direct F3, F4, F5, F6
holding WDAY Class A Common Stock 5.08K Jul 15, 2022 By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 1
holding WDAY Class A Common Stock 5.08K Jul 15, 2022 By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 2
holding WDAY Class A Common Stock 5.08K Jul 15, 2022 By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares are held in a grantor retained annuity trust, of which the Reporting Person is the sole trustee, grantor, and recipient of annuity payments.
F2 The shares are held in a grantor retained annuity trust, of which the Reporting Person's spouse is the sole trustee, grantor, and recipient of annuity payments.
F3 The sales reported on this Form 4 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.
F4 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 $136.07 to $140.15, 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 4 with regard to the block trade.
F5 Includes 110,335 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.
F6 Includes 96 shares of Class A Common Stock that were purchased through the Issuer's Employee Stock Purchase Program.