UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Workday, Inc.
(Name of Issuer)
Class A Common Stock
(Title of Class of Securities)
98138H101
(CUSIP Number)
December 31, 2012
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
¨ Rule 13d-1(b)
¨ Rule 13d-1(c)
x Rule 13d-1(d)
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 98138H101 | 13G | Page 2 of 5 Pages |
1 |
NAMES OF REPORTING PERSONS/I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
Michael A. Stankey | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨
| |||||
3 | SEC USE ONLY
| |||||
4 | CITIZENSHIP OR PLACE OF ORGANIZATION
USA | |||||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH |
5 | SOLE VOTING POWER
3,104,673 (1)(2)(3) | ||||
6 | SHARED VOTING POWER
0 | |||||
7 | SOLE DISPOSITIVE POWER
3,104,673(1)(2)(3) | |||||
8 | SHARED DISPOSITIVE POWER
0 | |||||
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,104,673 (1)(2)(3) | |||||
10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES x
420,327(4) | |||||
11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.6 (5) | |||||
12 | TYPE OF REPORTING PERSON
IN |
(1) | Includes 420,327 shares of Class B Common Stock and 2,684,346 shares of Class B Common Stock subject to options held by the Reporting Person which are exercisable at any time, but the unvested portion is subject to the Issuers right to repurchase the shares at the original exercise price in the event of termination of the Reporting Persons service for any reason. |
(2) | Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any permitted transferee as defined in, the Issuers restated certificate of incorporation in effect as of the date hereof. |
(3) | 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 months after the death of the later to die of David A. Duffield and Aneel Bhusri. |
(4) | Represents shares of Class B Common Stock held by a trust benefitting the Reporting Persons wife. |
(5) | Based on 26,162,500 shares of Class A common stock outstanding as of December 31, 2012, as reported by the Issuer to the Reporting Person, plus the number of shares of Class B common stock held by the Reporting Person or affiliates of the Reporting Person, which are treated as converted into Class A common stock only for the purpose of computing the percentage ownership of the Reporting Person. |
CUSIP No. 98138H101 | 13G | Page 3 of 5 Pages |
Item 1(a) | Name of Issuer: |
Workday, Inc. |
Item 1(b) | Address of Issuers Principal Executive Offices: |
6230 Stoneridge Mall Road, Suite 200, |
Pleasanton, CA 94588 |
Item 2(a) | Name of Person Filing: |
Michael A. Stankey |
the Reporting Person. |
Item 2(b) | Address of Principal Business Office or, If None, Residence |
c/o Workday, Inc. |
6230 Stoneridge Mall Road, Suite 200, |
Pleasanton, CA 94588 |
Item 2(c) | Citizenship: |
USA |
Item 2(d) | Title of Class of Securities: |
Class A Common Stock |
Item 2(e) | CUSIP Number: |
98138H101 |
Item 3. | If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: |
(a) ¨ | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o) |
(b) ¨ | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). |
(c) ¨ | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). |
(d) ¨ | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). |
(e) ¨ | An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); |
(f) ¨ | An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); |
(g) ¨ | A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); |
(h) ¨ | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
(i) ¨ | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); |
(j) ¨ | A non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J); |
(k) ¨ | Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d1(b)(1)(ii)(J), please specify the type of institution: |
Not applicable.
CUSIP No. 98138H101 | 13G | Page 4 of 5 Pages |
Item 4. | Ownership |
(a) Amount Beneficially Owned: 3,104,673 shares (1)(2)(3) |
(b) Percent of Class: 10.6 % (4) |
(c) Number of shares as to which the person has: |
(i) | Sole power to vote or direct the vote: 3,104,673 shares |
(ii) | Shared power to vote or direct the vote: 0 shares. |
(iii) | Sole power to dispose or to direct the disposition of: 3,104,673 shares |
(iv) | Shared power to dispose or to direct the disposition of: 0 shares |
(1) | Includes 420,327 shares of Class B Common Stock and 2,684,346 shares of Class B Common Stock subject to options held by the Reporting Person which are exercisable at any time, but the unvested portion is subject to the Issuers right to repurchase the shares at the original exercise price in the event of termination of the Reporting Persons service for any reason. |
(2) | Each share of Class B Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one (1) share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in, and transfers to any permitted transferee as defined in, the Issuers restated certificate of incorporation in effect as of the date hereof. |
(3) | 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 months after the death of the later to die of David A. Duffield and Aneel Bhusri. |
(4) | Based on 26,162,500 shares of Class A common stock outstanding as of December 31, 2012, as reported by the Issuer to the Reporting Person, plus the number of shares of Class B common stock held by the Reporting Person or affiliates of the Reporting Person, which are treated as converted into Class A common stock only for the purpose of computing the percentage ownership of the Reporting Person. |
Item 5. | Ownership of Five Percent or Less of a Class |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner or more than five percent of the class of securities, check the following box: ¨ |
Item 6. | Ownership of More Than Five Percent on Behalf of Another Person |
Not applicable. |
Item 7. | Identification and Classification of Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person |
Not applicable. |
Item 8. | Identification and Classification of Members of the Group |
Not applicable. |
Item 9. | Notice of Dissolution of Group |
Not applicable. |
Item 10. | Certifications |
Not applicable. |
CUSIP No. 98138H101 | 13G | Page 5 of 5 Pages |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: February 7, 2013 | MICHAEL A. STANKEY | |||
By: | /s/ Michael A. Stankey |