Home > Insider Trading > Filing (0001209191-23-013738)

Filing Details

Accession Number:: 0001209191-23-013738
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-02-28 17:01:02
Reporting Period:: 2023-02-24

Accepted Time:: 2023-02-28 17:01:02
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2023-02-27	2,459	$72.44	97,144	No	4	S	Direct
Common Stock	Acquisiton	2023-02-24	2,294	$0.00	99,438	No	4	M	Direct
Common Stock	Disposition	2023-02-27	846	$72.44	98,592	No	4	S	Direct
Common Stock	Acquisiton	2023-02-24	5,880	$0.00	104,472	No	4	M	Direct
Common Stock	Disposition	2023-02-27	2,284	$72.44	102,188	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance Units	Disposition	2023-02-24	2,294	$0.00	2,294	$0.00
Common Stock	Performance Units	Disposition	2023-02-24	5,880	$0.00	5,880	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2023-02-24	No	4	M	Direct
11,760		2025-02-24	No	4	M	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Performance Units	$0.00		2024-03-08	12,353	12,353	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-03-08	12,353	12,353	Direct

Footnotes

2,459 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 4,600 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 7,059 RSUs on February 24, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.365 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.
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 2,294 shares of Common Stock vesting of the 2,754 performance stock units ("PSU") granted on February 24, 2022.
846 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 1,448 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 2,294 PSUs on February 24, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.25 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.
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, 5,880 PSUs vested on February 24, 2023, and 5,880 PSUs will vest on each of February 24, 2024 and February 24, 2025.
2,284 shares of Common Stock were sold to cover withholding taxes as required pursuant to the terms of the PSU award agreement and 3,596 shares of Common Stock were issued to the Reporting Person in connection with the vesting of 5,880 PSUs on February 24, 2023.
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.
Includes (i) 42,667 shares of Common Stock; (ii) shares of Common Stock issuable pursuant to RSUs, granted on August 21, 2020, of which 22,462 shares vest on August 21, 2023; (iii) shares of Common Stock 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 of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 7,059 shares vest on each of February 24, 2024 and February 24, 2025; and (v) 10,588 shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, which vest on June 30, 2023.
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 6,176 and 6,177 PSUs occurs on March 8, 2023 and March 8, 2024, respectively.