Jeffrey Scott Jacobs - Mar 1, 2022 Form 4 Insider Report for Ceridian HCM Holding Inc. (CDAY)

Signature
/s/ William E. McDonald
Stock symbol
CDAY
Transactions as of
Mar 1, 2022
Transactions value $
-$1,967
Form type
4
Date filed
3/2/2022, 03:11 PM
Previous filing
Feb 25, 2022
Next filing
Mar 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Sale -$1.97K -27 -0.29% $72.85 9.14K Mar 1, 2022 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 Option (right to buy) 500 Mar 1, 2022 Common Stock 500 $17.58 Direct F3
holding CDAY Option (right to buy) 1.13K Mar 1, 2022 Common Stock 1.13K $16.82 Direct F3
holding CDAY Option (right to buy) 5K Mar 1, 2022 Common Stock 5K $19.04 Direct F3
holding CDAY Option (right to buy) 32.6K Mar 1, 2022 Common Stock 32.6K $22.00 Direct F4
holding CDAY Option (right to buy) 712 Mar 1, 2022 Common Stock 712 $44.91 Direct F5
holding CDAY Option (right to buy) 8.4K Mar 1, 2022 Common Stock 8.4K $49.93 Direct F6
holding CDAY Option (right to buy) 14.3K Mar 1, 2022 Common Stock 14.3K $65.26 Direct F7
holding CDAY Performance Units 593 Mar 1, 2022 Common Stock 593 Direct F8
holding CDAY Performance Units 2.47K Mar 1, 2022 Common Stock 2.47K Direct F9
holding CDAY Performance Units 678 Mar 1, 2022 Common Stock 678 Direct F10
holding CDAY Performance Units 4.24K Mar 1, 2022 Common Stock 4.24K Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 27 shares of common stock were sold to cover withholding taxes as required pursuant to the terms of the award agreement and 47 shares of common stock were issued to the Reporting Person in connection with the vesting of 74 Restricted Stock Units (RSUs) on February 28, 2022.
F2 Includes (i) 1,334 shares of common stock, (ii) shares issuable pursuant to Restricted Stock Units (RSUs), granted on February 28, 2020, of which 74 shares vest on February 28, 2023, (iii) shares issuable pursuant to RSUs, granted on May 8, 2020, of which 511 shares vest on each of May 8, 2022 and May 8, 2023; (iv) shares that are issuable pursuant to RSUs, granted on March 8, 2021, of which 823 shares vest on each of March 8, 2022 and March 8, 2023 and 824 shares that vest on March 8, 2024; and (v) shares issuable pursuant to RSUs, granted on February 24, 2022, of which 1,411 shares vest on February 24, 2023, and 1,412 shares vest on each of February 24, 2024 and February 24, 2025.
F3 Fully vested and exercisable.
F4 Consists of 24,457 vested and exercisable options and 8,153 options that vest and become exercisable on April 25, 2022.
F5 Consists of 534 vested and exercisable options and 178 options that vest and become exercisable on February 8, 2023.
F6 Consists of 4,198 vested and exercisable options and 2,099 options that vest and become exercisable on each of March 20, 2022 and March 20, 2023.
F7 Consists of 3,574 vested and exercisable options and 3,575 options that vest and become exercisable on each of May 8, 2022, May 8, 2023, and May 8, 2024.
F8 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.
F9 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.
F10 Each performance stock unit ("PSU") represents a contingent right to receive shares of Common Stock based upon the degree to which one or more of the performance metrics under the Company's 2022 Management Incentive Plan ("2022 MIP") are satisfied. The number of PSUs reported in columns 5, 7 and 9 of Table II reflects achievement at the target level of performance under the 2022 MIP. Based on actual results during the fiscal year ended December 31, 2022, the aggregate number of shares of Common Stock issued may range from zero shares to 167% of the target number of shares reported in columns 5, 7, and 9 of Table II. The PSUs will only vest upon the later of (i) the date the Compensation Committee or the Board of Directors of the Company certify that one or more of the performance metrics have been met under the 2022 MIP and (ii) the one year anniversary of the date of grant.
F11 Each performance stock unit ("PSU") represents a contingent right to receive shares of Common Stock based upon the degree to which one or more of the performance metrics contained in the PSU award agreement ("PSU Agreement") are satisfied. The number of PSUs reported in columns 5, 7, and 9 of Table II reflects achievement at the target level of performance under the PSU Agreement. Based on actual results during the fiscal year ended December 31, 2022, the aggregate number of shares of Common Stock issued may range from zero shares to 167% of the target number of shares reported in columns 5, 7 and 9 of Table II. The PSUs will only vest if the achievement of one or more of the performance metrics under the PSU Agreement is certified to have been met by the Compensation Committee or the Board of Directors of the Company, and then any such certified amount will vest one-third on each anniversary of the date of grant.

Remarks:

For Jeffrey Jacobs pursuant to the Power of Attorney previously filed.