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Workday, Inc. Director's Dealing 2022

Jul 19, 2022

29968_dirs_2022-07-19_32639d36-16f6-4490-9bd7-268be99c646b.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: 2022-07-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-07-15 Class A Common Stock S 5639 $138.4854 Disposed 106911 Direct

Footnotes

F1: The sales reported on this Form 4 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 $136.07 to $140.15, 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 89,036 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.

F4: Includes 96 shares of Class A Common Stock that were purchased through the Issuer's Employee Stock Purchase Program.