Rakesh Subramanian - 07 May 2021 Form 4 Insider Report for Ceridian HCM Holding Inc. (DAY)

Role
EVP, Chief Revenue Officer
Signature
/s/ William E. McDonald, attorney-in-fact
Issuer symbol
DAY
Transactions as of
07 May 2021
Net transactions value
$0
Form type
4
Filing time
11 May 2021, 16:04:24 UTC
Next filing
25 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Award $0 +34,324 $0.000000 34,324 07 May 2021 Direct F1

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
transaction CDAY Performance Units Award $0 +1,058 $0.000000 1,058 07 May 2021 Common Stock 1,058 Direct F2
transaction CDAY Performance Units Award $0 +2,288 $0.000000 2,288 07 May 2021 Common Stock 2,288 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 34,324 shares that are issuable pursuant to Restricted Stock Units, granted on May 7, 2021, that vest in three annual installments beginning on May 7, 2022.
F2 Each performance stock unit represents a contingent right to receive between .25 and 1.50 shares of Common Stock based upon the degree to which one or both of the Cloud Revenue and Adjusted EBITDA Margin performance metrics under the Companys 2021 Management Incentive Plan are satisfied. The performance stock units vest upon the later of (i) the date the Compensation Committee or the Board of Directors of the Company certify that one or both of the performance metrics have been met and (ii) March 8, 2022.
F3 Each performance stock unit represents a contingent right to receive between .25 and 2.00 shares of Common Stock based upon the degree to which one or both of the PEPM at provisioning revenue and recurring ACV metrics contained in the performance stock unit award agreement are satisfied. The performance stock units vest upon the later of (i) the date the Compensation Committee or the Board of Directors of the Company certify that one or both of the performance metrics have been met, and (ii) May 7, 2022.

Remarks:

For Rakesh Subramanian, pursuant to the Power of Attorney previously filed.