Jeffrey Scott Jacobs - Feb 28, 2023 Form 4 Insider Report for Ceridian HCM Holding Inc. (CDAY)

Role
Head of Acct & Fin Reporting
Signature
/s/ William E. McDonald
Stock symbol
CDAY
Transactions as of
Feb 28, 2023
Transactions value $
-$1,749
Form type
4
Date filed
3/2/2023, 03:44 PM
Previous filing
Feb 28, 2023
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Award $0 +8.23K +78.14% $0.00 18.8K Feb 28, 2023 Direct F1
transaction CDAY Common Stock Sale -$1.75K -24 -0.13% $72.86 18.7K Mar 1, 2023 Direct F2, F3

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 Award $0 +845 $0.00 845 Feb 28, 2023 Common Stock 845 Direct F9
holding CDAY Option (right to buy) 500 Feb 28, 2023 Common Stock 500 $17.58 Direct F4
holding CDAY Option (right to buy) 1.13K Feb 28, 2023 Common Stock 1.13K $16.82 Direct F4
holding CDAY Option (right to buy) 5K Feb 28, 2023 Common Stock 5K $19.04 Direct F4
holding CDAY Option (right to buy) 32.6K Feb 28, 2023 Common Stock 32.6K $22.00 Direct F4
holding CDAY Option (right to buy) 712 Feb 28, 2023 Common Stock 712 $44.91 Direct F4
holding CDAY Option (right to buy) 8.4K Feb 28, 2023 Common Stock 8.4K $49.93 Direct F5
holding CDAY Option (right to buy) 14.3K Feb 28, 2023 Common Stock 14.3K $65.26 Direct F6
holding CDAY Performance Units 1.65K Feb 28, 2023 Common Stock 1.65K Direct F7
holding CDAY Performance Units 2.35K Feb 28, 2023 Common Stock 2.35K Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 8,227 shares of common stock of the Issuer ("Common Stock") that are issuable pursuant to Restricted Stock Units ("RSUs"), granted on February 28, 2023, that vest in three annual installments beginning on February 28, 2024.
F2 24 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the RSU award agreement and 50 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 74 RSUs on February 28, 2023.
F3 Includes (i) 5,522 shares of Common Stock, (ii) shares of Common Stock issuable pursuant to RSUs, granted on May 8, 2020, of which 511 shares vest on May 8, 2023; (iii) 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; (iv) 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; and (v) shares of Common Stock issuable pursuant to RSUs, granted on February 28, 2023, of which 2,742 shares vest on each of February 28, 2024 and February 28, 2025, and 2,743 shares vest on February 28, 2026.
F4 Fully vested and exercisable.
F5 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.
F6 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.
F7 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.
F8 Pursuant to the terms of the PSU award agreement, the vesting of 1,176 PSUs occurs on each of February 24, 2024 and February 24, 2025.
F9 Each 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 2023 Management Incentive Plan ("2023 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 2023 MIP. Based on actual results during the fiscal year ended December 31, 2023, 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 2023 MIP for the individual and (ii) the one-year anniversary of the date of grant.

Remarks:

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