Key facts
- This page summarizes Rakesh Subramanian's Form 4 filing for Ceridian HCM Holding Inc. (DAY).
- 7 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 28 Feb 2023, 16:12.
Rakesh Subramanian - 24 Feb 2023 Form 4 Insider Report for Ceridian HCM Holding Inc. (DAY)
- Reporting relationship
- EVP, Chief Revenue Officer
- Issuer ticker
- DAY
- Reported as of
- 24 Feb 2023
- Net transaction value
- -$267,448
- SEC form
- 4
- Accepted by SEC
- 28 Feb 2023, 16:12:06 UTC
- Prior SEC filing
- 10 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ William E. McDonald, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Rakesh Subramanian filed Form 4 for Ceridian HCM Holding Inc. (DAY) on 28 Feb 2023.
Change
- Previous filing in this sequence was filed on 10 May 2022.
- Current net transaction value: -$267,448.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CDAY
transaction
Common Stock
Sale
- Transaction value
- $125,683
- Shares
- -1,735
- Change %
- -2.8%
- Price
- $72.44
- Shares after
- 59,444
- Date
- 27 Feb 2023
- Ownership
- Direct
- Footnotes
- F1, F2
CDAY
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +1,544
- Change %
- +2.6%
- Price
- Shares after
- 60,988
- Date
- 24 Feb 2023
- Ownership
- Direct
- Footnotes
- F3
CDAY
transaction
Common Stock
Sale
- Transaction value
- $37,017
- Shares
- -511
- Change %
- -0.84%
- Price
- $72.44
- Shares after
- 60,477
- Date
- 27 Feb 2023
- Ownership
- Direct
- Footnotes
- F4, F5
CDAY
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +4,900
- Change %
- +8.1%
- Price
- Shares after
- 65,377
- Date
- 24 Feb 2023
- Ownership
- Direct
- Footnotes
- F6
CDAY
transaction
Common Stock
Sale
- Transaction value
- $104,748
- Shares
- -1,446
- Change %
- -2.2%
- Price
- $72.44
- Shares after
- 63,931
- Date
- 27 Feb 2023
- Ownership
- Direct
- Footnotes
- F7, F8, F9
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CDAY
transaction
Derivative
Performance Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,544
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 24 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,544
- Exercise price
- Footnotes
- F3
CDAY
transaction
Derivative
Performance Units
Options Exercise
- Transaction value
- $0
- Shares
- -4,900
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 9,800
- Date
- 24 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,900
- Exercise price
- Footnotes
- F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 9 footnotes
Footnote F1
1,735 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 4,147 shares of common stock were issued to the Reporting Person in connection with the vesting of 5,882 RSUs on February 24, 2023.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.44 to $72.45 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.
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 1,544 shares of Common Stock vesting of the 1,854 performance stock units ("PSU") granted on February 24, 2023.
Footnote F4
511 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 1,033 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 1,544 PSUs on February 24, 2023.
Footnote F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.33 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.
Footnote F6
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, 4,900 PSUs vested on February 24, 2023, and 4,900 PSUs will vest on each of February 24, 2024 and February 24, 2025.
Footnote F7
1,446 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 3,454 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 4,900 PSUs on February 24, 2023.
Footnote F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.3022 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.
Footnote F9
Consists of (i) 18,695 shares of Common Stock, which includes 30 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 May 7, 2021, of which 11,441 shares vest on May 7, 2023 and 11,442 shares vest on May 7, 2024; (iii) shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 5,882 shares vest on February 24, 2024 and 5,883 shares vest on February 24, 2025; and (iv) 10,588 shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, which vest on June 30, 2023.
SEC remarks
For Rakesh Subramanian, pursuant to the Power of Attorney previously filed.