SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Bozzini James

(Last) (First) (Middle)
C/O WORKDAY, INC.
6110 STONERIDGE MALL ROAD

(Street)
PLEASANTON CA 94588

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Workday, Inc. [ WDAY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
COO
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Rule 10b5-1(c) Transaction Indication

  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 04/21/2023 G 14,913(1) D $0 15,604 I 2020 GRAT 1(2)
Class A Common Stock 04/21/2023 G 14,913(1) A $0 14,913 I By JEM Cooperative, LLC(3)
Class A Common Stock 04/21/2023 G 15,604(4) D $0 0 I 2020 GRAT 1(2)
Class A Common Stock 04/21/2023 G 15,604(4) A $0 65,022 I By the Bozzini Revocable Trust dtd 5/10/2004
Class A Common Stock 04/21/2023 G 14,913(5) D $0 15,604 I 2020 GRAT 2(6)
Class A Common Stock 04/21/2023 G 14,913(5) A $0 29,826 I By JEM Cooperative, LLC(3)
Class A Common Stock 04/21/2023 G 15,604(7) D $0 0 I 2020 GRAT 2(6)
Class A Common Stock 04/21/2023 G 15,604(7) A $0 80,626 I By the Bozzini Revocable Trust dtd 5/10/2004
Class A Common Stock 04/20/2023 A 51,258 A $0 143,912(8) D
Class A Common Stock 5,077 I By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 1
Class A Common Stock 5,077 I By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 2
Class A Common Stock 5,077 I By the Bozzini Irrevocable Trust dtd 7/12/2012 FBO Child 3
Class A Common Stock 50,000 I 2022 GRAT 3(2)
Class A Common Stock 50,000 I 2022 GRAT 4(6)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a distribution by 2020 GRAT 1 to JEM Cooperative, LLC.
2. 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.
3. These shares are owned directly by JEM Cooperative, LLC (the LLC). The Reporting Person is a co-manager of the LLC. The LLC is owned by three irrevocable trusts for which the Reporting Person's children are the beneficiaries.
4. Represents a distribution by 2020 GRAT 1 to Bozzini Revocable Trust dtd 5/10/2004.
5. Represents a distribution by 2020 GRAT 2 to JEM Cooperative, LLC.
6. 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.
7. Represents a distribution by 2020 GRAT 2 to Bozzini Revocable Trust dtd 5/10/2004.
8. Includes 120,896 restricted stock units (RSUs), each of which entitle the Reporting Person to receive one share of Class A Common Stock upon settlement, including 51,258 RSUs with a grant date of April 20, 2023, which will vest as to 25% of the underlying shares on April 5, 2024 and then quarterly thereafter. All grants are subject to the Reporting Person's continued service with the Issuer on the applicable vesting dates.
Remarks:
/s/ Juliana Capata, attorney-in-fact 04/24/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.