Christopher R. Armstrong - May 10, 2021 Form 4 Insider Report for Ceridian HCM Holding Inc. (CDAY)

Role
EVP, Chief Customer Officer
Signature
/s/ William E. McDonald, attorney-in-fact
Stock symbol
CDAY
Transactions as of
May 10, 2021
Transactions value $
-$152,767
Form type
4
Date filed
5/11/2021, 04:10 PM
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDAY Common Stock Sale -$3.77K -45 -0.05% $83.84 87.1K May 10, 2021 Direct
transaction CDAY Common Stock Sale -$149K -1.76K -2.02% $84.80 85.3K May 10, 2021 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) 2.91K May 10, 2021 Common Stock 2.91K $17.20 Direct F3
holding CDAY Option (right to buy) 51K May 10, 2021 Common Stock 51K $22.00 Direct F4
holding CDAY Option (right to buy) 50K May 10, 2021 Common Stock 50K $44.91 Direct F5
holding CDAY Option (right to buy) 2.3K May 10, 2021 Common Stock 2.3K $44.91 Direct F6
holding CDAY Option (right to buy) 107K May 10, 2021 Common Stock 107K $65.26 Direct F7
holding CDAY Performance Units 2.43K May 10, 2021 Common Stock 2.43K Direct F8
holding CDAY Performance Units 18.5K May 10, 2021 Common Stock 18.5K Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.19 to $84.80 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.
F2 Includes (i) 33,119 shares of common stock, (ii) 25,000 shares issuable pursuant to Restricted Stock Units, granted on February 8, 2019, that vest in two annual installments beginning on February 8, 2022, (ii) 1,026 shares that are issuable pursuant to Restricted Stock Units, granted on February 28, 2020, that vest in two annual installments beginning on February 28, 2022, (iv) 7,662 shares that are issuable pursuant to Restricted Stock Units, granted on May 8, 2020, that vest in two annual installments beginning on May 8, 2022; and (v) 18,529 shares that are issuable pursuant to Restricted Stock Units, granted on March 8, 2021, that vest in three annual installments beginning on March 8, 2022.
F3 Fully vested and exercisable.
F4 Consists of 33,968 vested and exercisable options as of April 25, 2021, and 16,984 options that vest and become exercisable on April 25, 2022.
F5 Consists of 25,000 vested and exercisable options as of February 8, 2021 and 25,000 options that vest and become exercisable in two annual installments beginning on February 8, 2022.
F6 Consists of 1,150 vested and exercisable options as of February 8, 2021 and 1,151 options that vest and become exercisable in two annual installments beginning on February 8, 2022.
F7 Consists of 26,811 vested and exercisable options as of May 8, 2021 and 80,433 options vest and become exercisable in three annual installments beginning on May 8, 2022.
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 Companys 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) March 8, 2022.
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.

Remarks:

For Christopher Armstrong, pursuant to the Power of Attorney previously filed.