Filing Details

Accession Number:
0001209191-22-017862
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-10 16:17:54
Reporting Period:
2022-03-08
Accepted Time:
2022-03-10 16:17:54
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1725057 Ceridian Hcm Holding Inc. CDAY Services-Prepackaged Software (7372) 463231686
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1848122 B Joseph Korngiebel C/O Ceridian Hcm Holding Inc.
3311 E. Old Shakopee Road
Minneapolis MN 55425
Evp, Cpto No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-03-09 2,215 $62.49 105,458 No 4 S Direct
Common Stock Acquisiton 2022-03-08 2,409 $0.00 107,867 No 4 M Direct
Common Stock Disposition 2022-03-09 848 $62.49 107,019 No 4 S Direct
Common Stock Acquisiton 2022-03-08 6,176 $0.00 113,195 No 4 M Direct
Common Stock Disposition 2022-03-09 2,148 $62.48 111,047 No 4 S Direct
Common Stock Disposition 2022-03-09 26 $63.51 111,021 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance Units Disposition 2022-03-08 2,409 $0.00 2,409 $0.00
Common Stock Performance Units Disposition 2022-03-08 6,176 $0.00 6,176 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2022-03-08 No 4 M Direct
12,353 2024-03-08 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Units $0.00 2023-02-24 2,754 2,754 Direct
Common Stock Performance Units $0.00 2025-02-24 21,177 21,177 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2023-02-24 2,754 2,754 Direct
2025-02-24 21,177 21,177 Direct
Footnotes
  1. 2,215 shares of common stock were sold to cover withholding taxes as required pursuant to the terms of the restricted stock unit ("RSU") award agreement and 3,961 shares of common stock were issued to the Reporting Person in connection with the vesting of 6,176 RSUs on March 8, 2022.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.48 to $63.24 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.
  3. Given the Company's performance in 2021 and pursuant to the terms of the Company's 2021 Management Incentive Plan, each performance stock unit ("PSU") granted on March 8, 2021 converts into 1 share of common stock upon vesting. The vesting of 2,409 PSUs occurred on March 8, 2022.
  4. 848 shares of common stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 1,561 shares of common stock were issued to the Reporting Person in connection with the vesting of 2,409 PSUs on March 8, 2022.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.48 to $62.94 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.
  6. Given the Company's performance in 2021 and pursuant to the terms of the PSU award agreement, each PSU granted on March 8, 2021 converts into 1 share of common stock upon vesting. The vesting of 6,176 PSUs occurred on March 8, 2022, and the vesting of 6,176 and 6,177 PSUs occurs on each of March 8, 2023 and March 8, 2024, respectively.
  7. 2,174 shares of common stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 4,002 shares of common stock were issued to the Reporting Person in connection with the vesting of 6,176 PSUs on March 8, 2022.
  8. Includes (i) 21,979 shares of common stock; (ii) shares that are issuable pursuant to RSUs, granted on August 21, 2020, of which 22,462 shares vest on each of August 21, 2022 and August 21, 2023; (iii) shares that are issuable pursuant to RSUs, granted on March 8, 2021, of which 6,176 shares vest on March 8, 2023, and 6,177 shares vest on March 8, 2024; (iv) shares issuable pursuant to RSUs, granted on February 24, 2022, of which 7,059 shares vest on each of February 24, 2023, February 24, 2024 and February 24, 2025; and (v) 10,588 shares issuable pursuant to RSUs, granted on February 24, 2022, which vest on June 30, 2023.
  9. 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 2022 Management Incentive Plan ("2022 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 2022 MIP. Based on actual results during the fiscal year ended December 31, 2022, 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 2022 MIP and (ii) the one year anniversary of the date of grant.
  10. 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 contained in the PSU award agreement ("PSU Agreement") 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 PSU Agreement. Based on actual results during the fiscal year ended December 31, 2022, 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 if the achievement of one or more of the performance metrics under the PSU Agreement is certified to have been met by the Compensation Committee or the Board of Directors of the Company, and then any such certified amount will vest one-third on each anniversary of the date of grant.