Christopher R. Armstrong - 10 May 2021 Form 4 Insider Report for Ceridian HCM Holding Inc. (DAY)

Signature
/s/ William E. McDonald, attorney-in-fact
Issuer symbol
DAY
Transactions as of
10 May 2021
Net transactions value
-$152,767
Form type
4
Filing time
11 May 2021, 16:10:41 UTC
Next filing
11 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Sale $3,773 -45 -0.05% $83.84 87,093 10 May 2021 Direct
transaction CDAY Common Stock Sale $148,994 -1,757 -2% $84.80 85,336 10 May 2021 Direct F1, F2

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 CDAY Option (right to buy) 2,907 10 May 2021 Common Stock 2,907 $17.20 Direct F3
holding CDAY Option (right to buy) 50,952 10 May 2021 Common Stock 50,952 $22.00 Direct F4
holding CDAY Option (right to buy) 50,000 10 May 2021 Common Stock 50,000 $44.91 Direct F5
holding CDAY Option (right to buy) 2,301 10 May 2021 Common Stock 2,301 $44.91 Direct F6
holding CDAY Option (right to buy) 107,244 10 May 2021 Common Stock 107,244 $65.26 Direct F7
holding CDAY Performance Units 2,428 10 May 2021 Common Stock 2,428 Direct F8
holding CDAY Performance Units 18,529 10 May 2021 Common Stock 18,529 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.19 to $84.80 inclusive. The reporting person undertakes to provide Ceridian HCM Holding Inc., any security holder of Ceridian HCM Holding Inc. or the staff of the Securities and Exchange Commission upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Includes (i) 33,119 shares of common stock, (ii) 25,000 shares issuable pursuant to Restricted Stock Units, granted on February 8, 2019, that vest in two annual installments beginning on February 8, 2022, (ii) 1,026 shares that are issuable pursuant to Restricted Stock Units, granted on February 28, 2020, that vest in two annual installments beginning on February 28, 2022, (iv) 7,662 shares that are issuable pursuant to Restricted Stock Units, granted on May 8, 2020, that vest in two annual installments beginning on May 8, 2022; and (v) 18,529 shares that are issuable pursuant to Restricted Stock Units, granted on March 8, 2021, that vest in three annual installments beginning on March 8, 2022.
F3 Fully vested and exercisable.
F4 Consists of 33,968 vested and exercisable options as of April 25, 2021, and 16,984 options that vest and become exercisable on April 25, 2022.
F5 Consists of 25,000 vested and exercisable options as of February 8, 2021 and 25,000 options that vest and become exercisable in two annual installments beginning on February 8, 2022.
F6 Consists of 1,150 vested and exercisable options as of February 8, 2021 and 1,151 options that vest and become exercisable in two annual installments beginning on February 8, 2022.
F7 Consists of 26,811 vested and exercisable options as of May 8, 2021 and 80,433 options vest and become exercisable in three annual installments beginning on May 8, 2022.
F8 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 certify that one or both of the performance metrics have been met and (ii) March 8, 2022.
F9 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 contained in the performance stock unit award agreement are satisfied. The performance stock units will only vest if the achievement of one or both of the performance metrics is certified by the Compensation Committee or the Board of Directors of the Company to have been met, and then any such certified amount will vest one-third on each anniversary of the date of grant.

Remarks:

For Christopher Armstrong, pursuant to the Power of Attorney previously filed.