WHITE ALAN F 4
4 · CERIDIAN CORP /DE/ · Filed Jan 5, 2006
Insider Transaction Report
Form 4
WHITE ALAN F
Director
Transactions
- Award
Phantom Stock
2006-01-03$24.97/sh+1,312$32,761→ 1,312 total→ Common Stock (1,312 underlying)
Footnotes (4)
- [F1]Awarded pursuant to the Reporting Person's election under the Ceridian Corporation Non-Employee Director Compensation Program in payment of a portion of the director's annual retainer in a transaction exempt under Rule 16b-3(d).
- [F2]1-for-1
- [F3]Pursuant to the Ceridian Corporation Non-Employee Director Compensation Program, the Reporting Person is not permitted to sell or transfer phantom shares until the Reporting Persons service as a director of the issuer ceases. Shares of phantom stock are payable in issuer common stock (cash for fractional shares) following termination of service from the Board of Directors of Ceridian.
- [F4]$24.79 reflects the average price of Ceridian common stock over the 10 trading days immediately prior to the award.