Leagh Erin Turner - Jun 7, 2021 Form 4 Insider Report for Ceridian HCM Holding Inc. (CDAY)

Signature
/s/ William E. McDonald, attorney-in-fact
Stock symbol
CDAY
Transactions as of
Jun 7, 2021
Transactions value $
-$342,440
Form type
4
Date filed
6/8/2021, 04:10 PM
Previous filing
May 11, 2021
Next filing
Jul 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Sale -$342K -4K -3.42% $85.61 113K Jun 7, 2021 Direct F1, 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 CDAY Option (right to purchase) 75K Jun 7, 2021 Common Stock 75K $38.63 Direct F4
holding CDAY Option (right to purchase) 57.3K Jun 7, 2021 Common Stock 57.3K $49.93 Direct F5
holding CDAY Option (right to purchase) 187K Jun 7, 2021 Common Stock 187K $65.26 Direct F6
holding CDAY Option (right to purchase) 132K Jun 7, 2021 Common Stock 132K $80.95 Direct F7
holding CDAY Performance Units 3.24K Jun 7, 2021 Common Stock 3.24K Direct F8
holding CDAY Performance Units 16.2K Jun 7, 2021 Common Stock 16.2K Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.05 to $86.04 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.
F3 Includes (i)of the 50,000 Restricted Stock Units (RSU) granted on September 4, 2018, 20,500 shares are issuable at the election of the recipient, of which 4,000 were issued as common stock and sold pursuant to this Form 4, and 25,000 RSUs will vest in two equal annual installments beginning on September 4, 2021,(ii)of the 50,000 RSUs granted on September 9, 2019, 12,500 shares are issuable at the election of the recipient and 37,500 RSUs will vest in three equal annual installments beginning on September 9, 2021,(iii)of the 1,538 RSUs granted on February 28, 2020, 512 shares are issuable at the election of the recipient, and 1,026 RSUs will vest in two annual installments beginning on February 28, 2022, and (iv)of the 20,073 RSUs granted on May 8, 2020, 6,691 shares are issuable at the election of the recipient, and 13,382 RSUs will vest in two annual installments beginning on May 8, 2022.
F4 Consists of 25,000 vested and exercisable options as of September 4, 2020, and 50,000 options that vest and become exercisable in two equal annual installments beginning on September 4, 2021.
F5 Consists of 19,084 vested and exercisable options as of March 20, 2021, and 38,168 options that vest and become exercisable in two annual installments beginning on March 20, 2022.
F6 Consists of 46,830 vested and exercisable options as of May 8, 2021, and 140,491 options that vest and become exercisable in three annual installments beginning on May 8, 2022.
F7 These options vest and become exercisable in four annual installments beginning on March 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 Leagh Turner pursuant to the Power of Attorney previously filed.