| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CDAY | Common Stock | Sale | $1,064,738 | -10,006 | -12% | $106.41 | 75,908 | 23 Aug 2021 | Direct | F1, F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | CDAY | Performance Units | 2,409 | 23 Aug 2021 | Common Stock | 2,409 | Direct | F3 | ||||||
| holding | CDAY | Performance Units | 18,529 | 23 Aug 2021 | Common Stock | 18,529 | Direct | F4 |
| Id | Content |
|---|---|
| F1 | 10,006 common stock sold pursuant to the terms of the award agreement to cover withholding taxes and 12,455 common stock issued in connection with the vesting of 22,461 Restricted Stock Units (RSUs) on August 21, 2021. |
| F2 | Includes (i) 12,455 shares of common stock; (ii) shares that are issuable pursuant to RSUs, granted on August 21, 2020, of which 22,462 shares vest on each of August 21, 2022 and August 21, 2023; and (iii) shares that are issuable pursuant to RSUs, granted on March 8, 2021, of which 6,176 shares vest on each of March 8, 2022 and March 8, 2023, and 6,177 shares vest on March 8, 2024. |
| F3 | 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. |
| F4 | 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. |
For Joseph Korngiebel, pursuant to the Power of Attorney previously filed.