4//SEC Filing
Jacobs Jeffrey Scott 4
Accession 0000950170-24-025993
CIK 0001725057other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:24 PM ET
Size
20.3 KB
Accession
0000950170-24-025993
Insider Transaction Report
Form 4
Jacobs Jeffrey Scott
Head of Acct & Fin Reporting
Transactions
- Award
Common Stock
2024-03-01+14,652→ 33,897 total - Award
Performance Units
2024-03-01+1,096→ 1,096 totalExp: 2034-03-01→ Common Stock (1,096 underlying)
Holdings
- 500
Option (right to buy)
Exercise: $17.58Exp: 2025-12-08→ Common Stock (500 underlying) - 1,125
Option (right to buy)
Exercise: $16.82Exp: 2026-12-31→ Common Stock (1,125 underlying) - 5,000
Option (right to buy)
Exercise: $19.04Exp: 2027-12-20→ Common Stock (5,000 underlying) - 32,610
Option (right to buy)
Exercise: $22.00Exp: 2028-04-25→ Common Stock (32,610 underlying) - 712
Option (right to buy)
Exercise: $44.91Exp: 2029-02-08→ Common Stock (712 underlying) - 8,396
Option (right to buy)
Exercise: $49.93Exp: 2029-03-20→ Common Stock (8,396 underlying) - 14,299
Option (right to buy)
Exercise: $65.26Exp: 2030-05-08→ Common Stock (14,299 underlying) - 824
Performance Units
Exp: 2031-03-08→ Common Stock (824 underlying) - 1,176
Performance Units
Exp: 2032-02-24→ Common Stock (1,176 underlying)
Footnotes (7)
- [F1]14,652 shares of common stock of the Issuer ("Common Stock") that are issuable pursuant to restricted stock units ("RSUs"), granted on March 1, 2024, that vest in three annual installments beginning on March 1, 2025.
- [F2]Includes (i) 11,524 shares of Common Stock, (ii) shares of Common Stock issuable pursuant to RSUs, granted on March 8, 2021, of which 824 shares vest on March 8, 2024; (iii) shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 1,412 shares vest on February 24, 2025; (iv) 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 (v) 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.
- [F3]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.
- [F4]Fully vested and exercisable.
- [F5]Consists of 10,724 vested and exercisable options as of May 8, 2023, and 3,575 options that vest and become exercisable on May 8, 2024.
- [F6]Given the Company's performance in 2021 and pursuant to the terms of the PSU award agreement, each PSU granted on March 8, 2021 will convert into 1 share of Common Stock upon vesting. The vesting of 824 PSUs occurs on March 8, 2024.
- [F7]Given the Company's performance in 2022 and pursuant to the terms of the PSU award 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.
Documents
Issuer
Dayforce, Inc.
CIK 0001725057
Entity typeother
Related Parties
1- filerCIK 0001809266
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:24 PM ET
- Size
- 20.3 KB