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Workday, Inc. — Director's Dealing 2018
Feb 26, 2018
29968_dirs_2018-02-26_babc16e8-7544-459e-aa78-409ec9cdd6df.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Workday, Inc. (WDAY)
CIK: 0001327811
Period of Report: 2018-02-14
Reporting Person: Dermetzis Petros (Chief Products Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 156529 | Direct |
| Class A Common Stock | 43896 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $2.30 | 2021-02-18 | Class A Common Stock (25000) | Direct | |
| Stock Option (right to buy) | $7.05 | 2022-05-04 | Class A Common Stock (35000) | Direct |
Footnotes
F1: Includes 112,243 Restricted Stock Units (RSUs) that entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, from original grants consisting of i) 46,492 RSUs with a grant date of 04/15/2014 with remaining vesting dates of 04/15/2018 and 6/15/2018; ii) 46,492 RSUs with a grant date of 04/15/2015, 46,492 RSUs with a grant date of 04/15/2016 and 54,247 with a grant date of 04/15/2017, each of which vested or will vest as to 25% of the underlying shares on the one-year anniversary of grant then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
F2: This stock option grant became fully vested on July 1, 2016.
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 (9) 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: This stock option grant became fully vested on August 31, 2017.