Jeffrey Scott Jacobs - 24 Feb 2023 Form 4 Insider Report for Ceridian HCM Holding Inc. (DAY)

Role
Head of Acct & Fin Reporting
Signature
/s/ William E. McDonald
Issuer symbol
DAY
Transactions as of
24 Feb 2023
Net transactions value
-$76,424
Form type
4
Filing time
28 Feb 2023, 15:56:06 UTC
Previous filing
10 May 2022
Next filing
02 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Sale $35,423 -489 -5% $72.44 9,353 27 Feb 2023 Direct F1
transaction CDAY Common Stock Options Exercise +565 +6% 9,918 24 Feb 2023 Direct F2
transaction CDAY Common Stock Sale $14,850 -205 -2.1% $72.44 9,713 27 Feb 2023 Direct F3
transaction CDAY Common Stock Options Exercise +1,176 +12% 10,889 24 Feb 2023 Direct F4
transaction CDAY Common Stock Sale $26,151 -361 -3.3% $72.44 10,528 27 Feb 2023 Direct F5, F6

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 Performance Units Options Exercise $0 -565 -100% $0.000000* 0 24 Feb 2023 Common Stock 565 Direct F2
transaction CDAY Performance Units Options Exercise $0 -1,176 -33% $0.000000 2,352 24 Feb 2023 Common Stock 1,176 Direct F4
holding CDAY Option (right to buy) 500 24 Feb 2023 Common Stock 500 $17.58 Direct F7
holding CDAY Option (right to buy) 1,125 24 Feb 2023 Common Stock 1,125 $16.82 Direct F7
holding CDAY Option (right to buy) 5,000 24 Feb 2023 Common Stock 5,000 $19.04 Direct F7
holding CDAY Option (right to buy) 32,610 24 Feb 2023 Common Stock 32,610 $22.00 Direct F7
holding CDAY Option (right to buy) 712 24 Feb 2023 Common Stock 712 $44.91 Direct F7
holding CDAY Option (right to buy) 8,396 24 Feb 2023 Common Stock 8,396 $49.93 Direct F8
holding CDAY Option (right to buy) 14,299 24 Feb 2023 Common Stock 14,299 $65.26 Direct F9
holding CDAY Performance Units 1,647 24 Feb 2023 Common Stock 1,647 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 489 shares of common stock of the Issuer ("Common Stock") were sold to cover withholding taxes as required pursuant to the terms of the restricted stock unit ("RSU") award agreement and 922 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 1,411 RSUs on February 24, 2023.
F2 Pursuant to the terms of the Company's 2022 Management Incentive Plan, the Company achieved a total payout of 83.3% under the performance metrics resulting in 565 shares of Common Stock vesting of the 678 performance stock units ("PSU") granted on February 24, 2022.
F3 205 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 360 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 565 PSUs on February 24, 2023.
F4 Pursuant to the terms of the PSU award agreement, the Company achieved a total payout of 83.3% under the performance metrics, and each PSU converted into 0.833 shares of Common Stock upon vesting. As a result, 1,176 PSUs vested on February 24, 2023, and 1,176 PSUs will vest on each of February 24, 2024 and February 24, 2025.
F5 361 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 815 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 1,176 PSUs on February 24, 2023.
F6 Includes (i) 5,472 shares of Common Stock, which includes 143 shares acquired under the Ceridian HCM Holding Inc. Global Employee Stock Purchase Plan on June 30, 2022, (ii) shares of Common Stock issuable pursuant to RSUs, granted on February 28, 2020, of which 74 shares vest on February 28, 2023, (iii) shares of Common Stock issuable pursuant to RSUs, granted on May 8, 2020, of which 511 shares vest on May 8, 2023; (iv) shares of Common Stock that are issuable pursuant to RSUs, granted on March 8, 2021, of which 823 shares vest on March 8, 2023 and 824 shares that vest on March 8, 2024; and (v) shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 1,412 shares vest on each of February 24, 2024 and February 24, 2025.
F7 Fully vested and exercisable.
F8 Consists of 6,297 vested and exercisable options as of March 20, 2022, and 2,099 options that vest and become exercisable on March 20, 2023.
F9 Consists of 7,149 vested and exercisable options as of May 8, 2022, and 3,575 options that vest and become exercisable on each of May 8, 2023, and May 8, 2024.
F10 Given the Company's performance in 2021 and pursuant to the terms of the PSU award agreement, each PSU granted on March 8, 2021 converted into 1 share of Common Stock upon vesting. The vesting of 823 and 824 PSUs occurs on each of March 8, 2023 and March 8, 2024, respectively.

Remarks:

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