AI assistant
Workday, Inc. — Director's Dealing 2016
May 2, 2016
29968_dirs_2016-05-02_18ce0c6e-490b-4f67-87ae-e8a7f9cb21f9.zip
Director's Dealing
Open in viewerOpens in your device viewer
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.