Leagh Erin Turner - Jan 18, 2022 Form 4 Insider Report for Ceridian HCM Holding Inc. (CDAY)

Signature
/s/ William E. McDonald, attorney-in-fact
Stock symbol
CDAY
Transactions as of
Jan 18, 2022
Transactions value $
-$189,942
Form type
4
Date filed
1/20/2022, 03:16 PM
Previous filing
Dec 17, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Options Exercise $304K +6.08K +5.38% $49.93 119K Jan 18, 2022 Direct F1
transaction CDAY Common Stock Sale -$194K -2.4K -2.01% $80.72 117K Jan 18, 2022 Direct F1, F2
transaction CDAY Common Stock Sale -$300K -3.68K -3.15% $81.43 113K Jan 18, 2022 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 -6.08K -13.75% 38.2K Jan 18, 2022 Common Stock 6.08K $49.93 Direct F1, F6, F7
holding CDAY Option (right to purchase) 50K Jan 18, 2022 Common Stock 50K $38.63 Direct F5
holding CDAY Option (right to purchase) 187K Jan 18, 2022 Common Stock 187K $65.26 Direct F8
holding CDAY Option (right to purchase) 132K Jan 18, 2022 Common Stock 132K $80.95 Direct F9
holding CDAY Performance Units 3.24K Jan 18, 2022 Common Stock 3.24K Direct F10
holding CDAY Performance Units 16.2K Jan 18, 2022 Common Stock 16.2K Direct F11
* 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 $80.13 to $81.09 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 $81.15 to $82.06 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) of the 50,000 Restricted Stock Units (RSUs) granted on September 4, 2018, 29,000 shares are issuable at the election of the recipient, and 12,500 RSUs will vest and become issuable at the election of the recipient on September 4, 2022, (ii) of the 50,000 RSUs granted on September 9, 2019, 25,000 shares are issuable at the election of the recipient and 12,500 RSUs will vest and become issuable at the election of the recipient on each of September 9, 2022 and September 9, 2023, (iii) of the 1,538 RSUs granted on February 28, 2020, 512 shares are issuable at the election of the recipient, and 513 RSUs will vest and become issuable at the election of the recipient on each of February 28, 2022 and February 28, 2023, and (iv) of the 20,073 RSUs granted on May 8, 2020, 6,691 shares are issuable at the election of the recipient, and 6,691 RSUs will vest and become issuable at the election of the recipient on each of May 8, 2022 and May 8, 2023.
F5 Consists of 25,000 vested and exercisable options as of September 4, 2021, and 25,000 options that vest and become exercisable on September 4, 2022.
F6 Consists of 6,084 vested and exercisable options as of March 20, 2021, of which 6,084 are being exercised pursuant to a Rule 10b5-1 trading plan adopted by the reporting person, and 19,084 options that vest and become exercisable on each of March 20, 2022 and March 20, 2023.
F7 Not applicable.
F8 Consists of 46,830 vested and exercisable options as of May 8, 2021, 46,830 options that vest and become exercisable on each of May 8, 2022 and May 8, 2023, and 46,831 options that vest and become exercisable on May 8, 2024.
F9 These options vest and become exercisable in four annual installments beginning on March 8, 2022.
F10 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.
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 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.