William E. McDonald - Feb 24, 2023 Form 4 Insider Report for Ceridian HCM Holding Inc. (CDAY)

Signature
/s/ William E. McDonald
Stock symbol
CDAY
Transactions as of
Feb 24, 2023
Transactions value $
-$228,693
Form type
4
Date filed
2/28/2023, 04:07 PM
Previous filing
Aug 9, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Sale -$105K -1.45K -3.82% $72.44 36.4K Feb 27, 2023 Direct F1, F2
transaction CDAY Common Stock Options Exercise +1.41K +3.88% 37.8K Feb 24, 2023 Direct F3
transaction CDAY Common Stock Sale -$36.4K -502 -1.33% $72.44 37.3K Feb 27, 2023 Direct F4
transaction CDAY Common Stock Options Exercise +3.92K +10.5% 41.3K Feb 24, 2023 Direct F5
transaction CDAY Common Stock Sale -$87.5K -1.21K -2.93% $72.44 40.1K Feb 27, 2023 Direct F6, F7, F8

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 -1.41K -100% $0.00* 0 Feb 24, 2023 Common Stock 1.41K Direct F3
transaction CDAY Performance Units Options Exercise $0 -3.92K -33.33% $0.00 7.84K Feb 24, 2023 Common Stock 3.92K Direct F5
holding CDAY Option (Right to Purchase) 3.75K Feb 24, 2023 Common Stock 3.75K $19.04 Direct F9
holding CDAY Option (Right to Purchase) 34.7K Feb 24, 2023 Common Stock 34.7K $22.00 Direct F9
holding CDAY Option (Right to Purchase) 995 Feb 24, 2023 Common Stock 995 $44.91 Direct F9
holding CDAY Option (Right to Purchase) 28.6K Feb 24, 2023 Common Stock 28.6K $49.93 Direct F10
holding CDAY Option (Right to Purchase) 14.3K Feb 24, 2023 Common Stock 14.3K $65.26 Direct F11
holding CDAY Performance Units 3.09K Feb 24, 2023 Common Stock 3.09K Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,447 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 3,259 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 4,706 RSUs on February 24, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.335 to $72.44 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 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 1,412 shares of Common Stock vesting of the 1,695 performance stock units ("PSU") granted on February 24, 2022.
F4 502 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 910 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 1,412 PSUs on February 24, 2023.
F5 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, 3,920 PSUs vested on February 24, 2023, and 3,920 PSUs will vest on each of February 24, 2024 and February 24, 2025.
F6 1,208 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 2,712 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 3,920 PSUs on February 24, 2023.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.4306 to $72.44 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.
F8 Includes (i) 13,667 shares of Common Stock, (ii) shares of Common Stock issuable pursuant to RSUs, granted on February 28, 2020, of which 139 shares vest on February 28, 2023; (iii) shares of Common Stock issuable pursuant to RSUs, granted on May 8, 2020, of which 1,532 shares vest on May 8, 2023; (iv) shares of Common Stock issuable pursuant to RSUs, granted on March 8, 2021, of which 1,544 shares vest on each of March 8, 2023 and March 8, 2024; (v) shares of Common Stock issuable pursuant to RSUs, granted on August 6, 2021, of which 813 shares vest on each of August 6, 2023 and August 6, 2024; (vi) shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 4,706 shares vest on each of February 24, 2024 and February 24, 2025; and (vii) 10,588 shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, which vest on June 30, 2023.
F9 Fully vested and exercisable.
F10 Consists of 19,084 options that are vested and exercisable as of March 20, 2022, and 9,542 options that vest and become exercisable on March 20, 2023.
F11 Consists of 7,149 options that are vested and exercisable as of May 8, 2022, and 3,575 options that vest and become exercisable on each of May 8, 2023, and May 8, 2024.
F12 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 1,544 PSUs occurs on each of March 8, 2023 and March 8, 2024.