Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | CDAY | Common Stock | 9.86K | Feb 23, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | CDAY | Option (Right to Purchase) | Feb 23, 2022 | Common Stock | 65.5K | $70.73 | Direct | F2 | ||||||
holding | CDAY | Performance Units | Feb 23, 2022 | Common Stock | 2.04K | $0.00 | Direct | F3 | ||||||
holding | CDAY | Performance Units | Feb 23, 2022 | Common Stock | 9.26K | $0.00 | Direct | F4 |
Id | Content |
---|---|
F1 | Includes (i) 600 shares of common stock, and (ii) 9,264 shares of common stock issuable pursuant to Restricted Stock Units (RSUs), granted on March 8, 2021, of which 3,088 shares vest on each of March 8, 2022, March 8, 2023 and March 8, 2024. |
F2 | Consists of 16,386 vested and exercisable options as of February 28, 2021, and 16,387 options that vest and become exercisable on each of February 28, 2022, February 28, 2023 and February 28, 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 Company's 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) the one year anniversary of the date of grant. |
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. |
See Power of Attorney, incorporated herein by reference.