Workday, Inc. — Director's Dealing 2019

Mar 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Workday, Inc. (WDAY)
CIK: 0001327811
Period of Report: 2019-03-20

Reporting Person: Sisco Robynne (Co-President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-20	Class A Common Stock	M	9101	$9.20	Acquired	134082	Direct
2019-03-20	Class A Common Stock	S	9101	$195.031	Disposed	124981	Direct
2019-03-21	Class A Common Stock	M	30899	$9.20	Acquired	155880	Direct
2019-03-21	Class A Common Stock	S	30899	$195.3682	Disposed	124981	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-20	Stock Option (right to buy)	$9.2	M	9101	Disposed	2022-08-27	Class A Common Stock (9101.0)	Direct
2019-03-21	Stock Option (right to buy)	$9.2	M	30899	Disposed	2022-08-27	Class A Common Stock (30899.0)	Direct

Footnotes

F1: Includes 111,578 restricted stock units (RSUs) that entitle the Reporting Person to receive one share of Class A Common Stock per unit upon settlement from original grants consisting of i) 17,569 RSUs with a grant date of 4/15/2015 of which 50% vested on 4/15/2017 and 6.25% vested or will vest quarterly thereafter, and ii) 43,020 RSUs with a grant date of 4/15/2016, 54,247 RSUs with a grant date of 4/14/2017, and 66,521 RSUs with a grant date of 4/15/2018, each of which vested or will vest as to 25% of the underlying shares on the one-year anniversary of grant and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with Workday on the applicable vesting dates.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $195.0000 to $195.9999, 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(s) set forth in this footnote of this Form 4.

F4: This stock option grant became fully vested on August 27, 2017.