Jeffrey Scott Jacobs - Feb 28, 2024 Form 4 Insider Report for Dayforce, Inc. (DAY)

Role
Head of Acct & Fin Reporting
Signature
/s/ William E. McDonald, attorney-in-fact
Stock symbol
DAY
Transactions as of
Feb 28, 2024
Transactions value $
-$75,242
Form type
4
Date filed
3/1/2024, 04:29 PM
Previous filing
Feb 27, 2024
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAY Common Stock Tax liability -$59.7K -840 -4.14% $71.05 19.5K Feb 28, 2024 Direct F1
transaction DAY Common Stock Tax liability -$15.6K -219 -1.13% $71.05 19.2K Feb 28, 2024 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding DAY Option (right to buy) 500 Feb 28, 2024 Common Stock 500 $17.58 Direct F4
holding DAY Option (right to buy) 1.13K Feb 28, 2024 Common Stock 1.13K $16.82 Direct F4
holding DAY Option (right to buy) 5K Feb 28, 2024 Common Stock 5K $19.04 Direct F4
holding DAY Option (right to buy) 32.6K Feb 28, 2024 Common Stock 32.6K $22.00 Direct F4
holding DAY Option (right to buy) 712 Feb 28, 2024 Common Stock 712 $44.91 Direct F4
holding DAY Option (right to buy) 8.4K Feb 28, 2024 Common Stock 8.4K $49.93 Direct F4
holding DAY Option (right to buy) 14.3K Feb 28, 2024 Common Stock 14.3K $65.26 Direct F5
holding DAY Performance Units 824 Feb 28, 2024 Common Stock 824 Direct F6
holding DAY Performance Units 1.18K Feb 28, 2024 Common Stock 1.18K Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the vesting of 2,742 shares of common stock of the Issuer ("Common Stock") on February 28, 2024, subject to a restricted stock unit ("RSU") award granted on February 28, 2023, 840 shares of Common Stock were forfeited to pay withholding taxes as required pursuant to the terms of the RSU award agreement and 1,902 shares of Common Stock were issued to the reporting person.
F2 In connection with the vesting of 713 shares of Common Stock on February 28, 2024, subject to a performance stock unit ("PSU") award granted on February 28, 2023, 219 shares of Common Stock were forfeited to pay withholding taxes as required pursuant to the terms of the PSU award agreement and 494 shares of Common Stock were issued to the reporting person.
F3 Includes (i) 11,524 shares of Common Stock, (ii) shares of Common Stock issuable pursuant to RSUs, granted on March 8, 2021, of which 824 shares vest on March 8, 2024; (iii) shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 1,412 shares vest on February 24, 2025; and (iv) shares of Common Stock issuable pursuant to RSUs, granted on February 28, 2023, of which 2,742 shares vest on February 28, 2025, and 2,743 shares vest on February 28, 2026.
F4 Fully vested and exercisable.
F5 Consists of 10,724 vested and exercisable options as of May 8, 2023, and 3,575 options that vest and become exercisable on May 8, 2024.
F6 Given the Company's performance in 2021 and pursuant to the terms of the PSU award agreement, each PSU granted on March 8, 2021 will convert into 1 share of Common Stock upon vesting. The vesting of 824 PSUs occurs on March 8, 2024.
F7 Given the Company's performance in 2022 and pursuant to the terms of the PSU award agreement, each PSU granted on February 24, 2022 will convert into 1 share of Common Stock upon vesting. The vesting of 1,176 PSUs occurs on February 24, 2025.

Remarks:

For Jeffrey Jacobs, pursuant to the Power of Attorney previously filed.