Joseph B. Korngiebel - Aug 23, 2021 Form 4 Insider Report for Ceridian HCM Holding Inc. (CDAY)

Role
EVP, CPTO
Signature
/s/ William McDonald, attorney-in-fact
Stock symbol
CDAY
Transactions as of
Aug 23, 2021
Transactions value $
-$1,064,738
Form type
4
Date filed
8/24/2021, 04:14 PM
Next filing
Feb 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Sale -$1.06M -10K -11.65% $106.41 75.9K Aug 23, 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 Performance Units 2.41K Aug 23, 2021 Common Stock 2.41K Direct F3
holding CDAY Performance Units 18.5K Aug 23, 2021 Common Stock 18.5K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

For Joseph Korngiebel, pursuant to the Power of Attorney previously filed.