Workday, Inc. — Director's Dealing 2022

Apr 20, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Workday, Inc. (WDAY)
CIK: 0001327811
Period of Report: 2022-04-18

Reporting Person: Bozzini James (COO & Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-18	Class A Common Stock	S	10156	$218.0914	Disposed	135151	Direct
2022-04-18	Class A Common Stock	S	27	$220.25	Disposed	135124	Direct
2022-04-18	Class A Common Stock	S	25	$220.42	Disposed	135099	Direct
2022-04-18	Class A Common Stock	S	81	$220.185	Disposed	135018	Direct
2022-04-18	Class A Common Stock	S	41	$220.1399	Disposed	134977	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	5077	Indirect
Class A Common Stock	5077	Indirect
Class A Common Stock	5077	Indirect
Class A Common Stock	86660	Indirect
Class A Common Stock	31900	Indirect
Class A Common Stock	31900	Indirect

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 $214.64 to $221.90, 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 77,753 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: The shares are held in a grantor retained annuity trust, of which the Reporting Person is the sole trustee, grantor, and recipient of annuity payments.

F5: The shares are held in a grantor retained annuity trust, of which the Reporting Person's spouse is the sole trustee, grantor, and recipient of annuity payments.