Form 4 for WDAY Workday, Inc.
Accepted 2023-10-10 00:00:00 ET · period of report 2023-10-05 · accession 0001327811-23-000179 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-10-10 | 2023-10-05+ | WDAY | Sauer Richard Harry | CLO, Secty | S - Sale | $204.48 | -6,984 | 93.2K | -7% | -$1.43M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-10-06 | S | D | 152 | $204.45 | 90,388 | D | — | — | (F5) These sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated June 7, 2023. (F8) The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $204.39 and $205.3899, 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 of this Form 4. (F3) Includes 78,334 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. |
| 2 | Common | Class A Common Stock | 2023-10-06 | S | D | 738 | $204.04 | 90,540 | D | — | — | (F5) These sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated June 7, 2023. (F7) The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $203.38 and $204.3799, 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 of this Form 4. (F3) Includes 78,334 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. |
| 3 | Common | Class A Common Stock | 2023-10-06 | S | D | 1,849 | $202.52 | 91,278 | D | — | — | (F5) These sales were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person dated June 7, 2023. (F6) The price reported is a weighted average price. These shares were sold in multiple transactions at prices within the range of $202.14 and $203.1399, 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 of this Form 4. (F3) Includes 78,334 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. |
| 4 | Common | Class A Common Stock | 2023-10-05 | S | D | 27 | $206.44 | 93,127 | D | — | — | (F1) These sales 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 in multiple transactions at prices within the range of $206.4306 to $206.4542, 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 of this Form 4. (F3) Includes 78,334 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. |
| 5 | Common | Class A Common Stock | 2023-10-05 | S | D | 4,218 | $205.41 | 93,154 | D | — | — | (F1) These sales 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 security holders of Workday, Inc. in multiple transactions at prices ranging from $203.43 to $208.85, 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 78,334 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. |