Workday grants CEO Bhusri 437,602 RSU and 547,003 PVU shares with price hurdles

Workday, Inc.

RSU vests 1/4th on one-year anniversary, then quarterly over 4 years; no other equity until FY2028.
PVU split into 4 tranches of ~136,751 shares each; price hurdles: 25%, 50%, 75%, 100% increases from baseline.
Baseline price of $137.11; price hurdles: $171.39, $205.67, $239.94, $274.22 over 5-year performance periods.
PVU shares vest quarterly after price hurdle achieved; all PVU shares subject to 2-year holding period post-vesting.
Accelerated vesting on termination without cause or change in control per Workday's Severance & CIC Policy.

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