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Workday, Inc. Director's Dealing 2016

May 2, 2016

29968_dirs_2016-05-02_18ce0c6e-490b-4f67-87ae-e8a7f9cb21f9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Workday, Inc. (WDAY)
CIK: 0001327811
Period of Report: 2016-04-15

Reporting Person: WILMINGTON PHILIP W (co-President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-04-15 Class A Common Stock A 112676 $0.00 Acquired 330060 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-04-15 Performance Right $0.00 A 28169 Acquired Class A Common Stock (28169) Direct

Footnotes

F1: Includes 328,501 restricted stock units (RSUs) that entitle the Reporting Person to receive one share of Class A Common Stock per unit upon settlement, which will take place within 30 days of vesting, of which i) 25% of 137,100 RSUs vested or will vest quarterly over four years with a one year cliff beginning 3/15/2015, ii) 25% of 113,000 RSUs will vest quarterly over four years with a one year cliff beginning 6/15/2015, and iii) 112,676 RSUs will vest quarterly over four years with a one year cliff beginning 4/15/2016. All grants are subject to the Reporting Person's continued employment with Workday on the applicable vesting date.

F2: Represents performance RSUs ("PRSUs") that entitle the Reporting Person to receive one share of Class A common stock in the event that certain performance objectives are achieved, in which case 25% of the PRSUs will vest on 4/15/2017 and the remainder of such PRSUs will vest quarterly over the following three years.

F3: The PRSUs will expire prior to vesting if the performance goals set as of 1/31/2017 are not met.