George J. Still Jr - Jun 18, 2024 Form 4 Insider Report for Workday, Inc. (WDAY)

Role: Director
Signature: /s/ Juliana Capata, attorney-in-fact
Stock symbol: WDAY
Transactions as of: Jun 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/21/2024, 04:35 PM
Previous filing: Mar 14, 2024
Next filing: Aug 28, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WDAY	Class A Common Stock	Award	$0	+2.12K	+5.03%	$0.00	44.2K	Jun 18, 2024	Direct	F1
holding	WDAY	Class A Common Stock						105K	Jun 18, 2024	By the Still Family Trust	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	WDAY	Class B Common Stock						121K	Jun 18, 2024	Class A Common Stock	121K		By Still Family Partners	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 2,118 restricted stock units (RSUs) from an original grant with a grant date of 6/18/2024, each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, which will vest 100% on 5/5/2025. All grants are subject to the Reporting Person's continued service with Workday on the applicable vesting date.
F2	Shares held by the Still Family Trust. Mr. Still is a trustee of the Still Family Trust, and may be deemed to have voting and dispositive power with regard to the shares held directly by the Still Family Trust. Mr. Still disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report will not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3	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.
F4	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.