William E. McDonald - 05 Nov 2021 Form 4 Insider Report for Ceridian HCM Holding Inc. (DAY)

Signature
/s/ William E. McDonald
Issuer symbol
DAY
Transactions as of
05 Nov 2021
Net transactions value
-$888,021
Form type
4
Filing time
08 Nov 2021, 15:07:09 UTC
Previous filing
09 Aug 2021
Next filing
25 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Options Exercise $71,400 +3,750 +29% $19.04 16,498 05 Nov 2021 Direct F1
transaction CDAY Common Stock Options Exercise $110,000 +5,000 +30% $22.00 21,498 05 Nov 2021 Direct F1
transaction CDAY Common Stock Sale $867,694 -7,107 -33% $122.09 14,391 05 Nov 2021 Direct F1, F2
transaction CDAY Common Stock Sale $201,728 -1,643 -11% $122.78 12,748 05 Nov 2021 Direct F1, F3, F4

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 Option (Right to Purchase) Options Exercise -3,750 -50% 3,750 05 Nov 2021 Common Stock 3,750 $19.04 Direct F1, F5, F6
transaction CDAY Option (Right to Purchase) Options Exercise -5,000 -13% 34,674 05 Nov 2021 Common Stock 5,000 $22.00 Direct F1, F6, F7
holding CDAY Option (Right to Purchase) 995 05 Nov 2021 Common Stock 995 $44.91 Direct F8
holding CDAY Option (Right to Purchase) 28,626 05 Nov 2021 Common Stock 28,626 $49.93 Direct F9
holding CDAY Option (Right to Purchase) 14,299 05 Nov 2021 Common Stock 14,299 $65.26 Direct F10
holding CDAY Performance Units 655 05 Nov 2021 Common Stock 655 Direct F11
holding CDAY Performance Units 4,632 05 Nov 2021 Common Stock 4,632 Direct F12
* 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 $121.53 to $122.51 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.53 to $123.03 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.
F4 Includes (i) 2,336 shares of common stock, which includes 68 shares acquired under the Ceridian HCM Holding Inc. Global Employee Stock Purchase Plan on September 30, 2021, (ii) shares issuable pursuant to Restricted Stock Units (RSUs), granted on February 28, 2020, of which 138 shares vest on February 28, 2022 and 139 shares vest on February 28, 2023; (iii) shares issuable pursuant to RSUs, granted on May 8, 2020, of which 1,532 shares vest on each of May 8, 2022 and May 8, 2023; (iv) shares issuable pursuant to RSUs, granted on March 8, 2021, of which 1,544 shares vest on each of March 8, 2022, March 8, 2023 and March 8, 2024; and (v) shares issuable pursuant to Restricted Stock Units, granted on August 6, 2021, of which 813 shares vest on each of August 6, 2022, August 6, 2023, and August 6, 2024.
F5 Consists of 3,750 options that are vested and exercisable, of which 3,750 are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, and 3,750 options that vest and become exercisable on December 20, 2021.
F6 Not applicable.
F7 Consists of 19,837 options that are vested and exercisable, of which 5,000 are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, and 19,837 options that vest and become exercisable on April 25, 2022.
F8 Consists of 331 options that are vested and exercisable and 332 options that vest and become exercisable on each of February 8, 2022 and February 8, 2023.
F9 Consists of 9,542 options that are vested and exercisable and 9,542 options that vest and become exercisable on each of March 20, 2022 and March 20, 2023.
F10 Consists of 3,574 options that are vested and exercisable and 3,575 options that vest and become exercisable on each of May 8, 2022, May 8, 2023, and May 8, 2024.
F11 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.
F12 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.