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4//SEC Filing

Jacobs Jeffrey Scott 4

Accession 0000950170-24-029947

CIK 0001725057other
View on SEC.govCompany Profile

Filed

Mar 11, 8:00 PM ET

Accepted

Mar 12, 4:13 PM ET

Size

23.5 KB

Accession

0000950170-24-029947

Insider Transaction Report

Form 4
Period: 2024-03-08
Dayforce, Inc.DAY
Jacobs Jeffrey Scott
Head of Acct & Fin Reporting
Transactions
  • Exercise/Conversion

    Common Stock

    2024-03-08+824→ 34,468 total
  • Exercise/Conversion

    Performance Units

    2024-03-08−824→ 0 total
    Exp: 2031-03-08→ Common Stock (824 underlying)
  • Tax Payment

    Common Stock

    2024-03-08$66.92/sh−253$16,931→ 34,215 total
  • Tax Payment

    Common Stock

    2024-03-08$66.92/sh−253$16,931→ 33,644 total
Holdings

  • Performance Units

    Exp: 2034-03-01→ Common Stock (1,096 underlying)
    1,096

  • Option (right to buy)

    Exercise: $49.93Exp: 2029-03-20→ Common Stock (8,396 underlying)
    8,396

  • Option (right to buy)

    Exercise: $16.82Exp: 2026-12-31→ Common Stock (1,125 underlying)
    1,125

  • Option (right to buy)

    Exercise: $22.00Exp: 2028-04-25→ Common Stock (32,610 underlying)
    32,610

  • Option (right to buy)

    Exercise: $65.26Exp: 2030-05-08→ Common Stock (14,299 underlying)
    14,299

  • Option (right to buy)

    Exercise: $19.04Exp: 2027-12-20→ Common Stock (5,000 underlying)
    5,000

  • Option (right to buy)

    Exercise: $44.91Exp: 2029-02-08→ Common Stock (712 underlying)
    712

  • Option (right to buy)

    Exercise: $17.58Exp: 2025-12-08→ Common Stock (500 underlying)
    500

  • Performance Units

    Exp: 2032-02-24→ Common Stock (1,176 underlying)
    1,176
Footnotes (8)
  • [F1]In connection with the vesting of 824 shares of common stock of the Issuer ("Common Stock") on March 8, 2024, subject to a restricted stock unit ("RSU") award granted on March 8, 2021, 253 shares of Common Stock were forfeited to pay withholding taxes as required pursuant to the terms of the RSU award agreement and 571 shares of Common Stock were issued to the reporting person.
  • [F2]Given the Company's performance in 2021 and pursuant to the terms of the performance stock unit ("PSU") award agreement ("PSU Agreement"), each PSU granted on March 8, 2021 will convert into 1 share of Common Stock upon vesting. The vesting of 824 PSUs occurred on March 8, 2024.
  • [F3]In connection with the vesting of 824 shares of Common Stock on March 8, 2024, subject to a PSU award granted on March 8, 2021, 253 shares of Common Stock were forfeited to pay withholding taxes as required pursuant to the terms of the PSU Agreement and 571 shares of Common Stock were issued to the reporting person.
  • [F4]Includes (i) 12,666 shares of Common Stock, (ii) shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 1,412 shares vest on February 24, 2025; (iii) 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) 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.
  • [F5]Fully vested and exercisable.
  • [F6]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.
  • [F7]Given the Company's performance in 2022 and pursuant to the terms of the 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.
  • [F8]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.

Documents

1 file

Issuer

Dayforce, Inc.

CIK 0001725057

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Entity typeother

Related Parties

1
  • filerCIK 0001809266

Filing Metadata

Form type
4
Filed
Mar 11, 8:00 PM ET
Accepted
Mar 12, 4:13 PM ET
Size
23.5 KB
View on SEC.gov