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Filing Details

Accession Number:: 0000950170-24-112372
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-10-03 16:21:09
Reporting Period:: 2024-10-01

Accepted Time:: 2024-10-03 16:21:09
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1725057	Dayforce Inc.	DAY	Services-Prepackaged Software (7372)	463231686

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1809266	Scott Jeffrey Jacobs	C/O Dayforce, Inc. 3311 East Old Shakopee Road Minneapolis MN 55425	Head Of Acct & Fin Reporting	No	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2024-10-01	376	$61.10	34,217	No	4	S	Direct

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

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Option (right to buy)	$17.58	2025-12-08	500	500	Direct
Common Stock	Option (right to buy)	$16.82	2026-12-31	1,125	1,125	Direct
Common Stock	Option (right to buy)	$19.04	2027-12-20	5,000	5,000	Direct
Common Stock	Option (right to buy)	$22.00	2028-04-25	32,610	32,610	Direct
Common Stock	Option (right to buy)	$44.91	2029-02-08	712	712	Direct
Common Stock	Option (right to buy)	$49.93	2029-03-20	8,396	8,396	Direct
Common Stock	Option (right to buy)	$65.26	2030-05-08	14,299	14,299	Direct
Common Stock	Performance Units	$0.00	2032-02-24	1,176	1,176	Direct
Common Stock	Performance Units	$0.00	2034-03-01	1,096	1,096	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2025-12-08	500	500	Direct
2026-12-31	1,125	1,125	Direct
2027-12-20	5,000	5,000	Direct
2028-04-25	32,610	32,610	Direct
2029-02-08	712	712	Direct
2029-03-20	8,396	8,396	Direct
2030-05-08	14,299	14,299	Direct
2032-02-24	1,176	1,176	Direct
2034-03-01	1,096	1,096	Direct

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted by the Reporting Person on February 22, 2023, and modified on June 18, 2024.
Includes (i) 12,668 shares of common stock ("Common Stock") of the Company, which includes 139, 218, and 21 shares acquired under the Dayforce, Inc. Global Employee Stock Purchase Plan ("GESPP") on March 31, 2024, June 30, 2024, and September 30, 2024, respectively, (ii) 1,412 shares of Common Stock issuable pursuant to restricted stock unit ("RSU"), granted on February 24, 2022, of which 1,412 shares vest on February 24, 2025; (iii) 5,485 shares of Common Stock issuable pursuant to RSUs, granted on February 28, 2023, of which 2,742 shares vest on February 28, 2025, and 2,743 shares vest on February 28, 2026; and (iv) 14,652 shares of Common Stock issuable pursuant to RSUs, granted on March 1, 2024, of which 4,884 shares vest on each of March 1, 2025, March 1, 2026, and March 1, 2027.
Fully vested and exercisable.
Given the Company's performance in 2022 and pursuant to the terms of the performance stock unit ("PSU") agreement, each PSU granted on February 24, 2022 will convert into 1 share of Common Stock upon vesting. The vesting of 1,176 PSUs occurs on February 24, 2025.
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 2024 Management Incentive Plan ("2024 MIP") are satisfied. The number of PSUs reported in Table II reflects achievement at the target level of performance under the 2024 MIP. Based on actual results during the fiscal year ended December 31, 2024, the aggregate number of shares of Common Stock issued may range from zero shares to 167% of the target number of shares reported in 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 2024 MIP for the individual and (ii) the one-year anniversary of the date of grant.