Subramanian Rakesh 4
4 · Ceridian HCM Holding Inc. · Filed May 11, 2021
Insider Transaction Report
Form 4
Subramanian Rakesh
EVP, Chief Revenue Officer
Transactions
- Award
Performance Units
2021-05-07+2,288→ 2,288 totalExp: 2022-05-07→ Common Stock (2,288 underlying) - Award
Common Stock
2021-05-07+34,324→ 34,324 total - Award
Performance Units
2021-05-07+1,058→ 1,058 totalExp: 2022-03-08→ Common Stock (1,058 underlying)
Footnotes (3)
- [F1]34,324 shares that are issuable pursuant to Restricted Stock Units, granted on May 7, 2021, that vest in three annual installments beginning on May 7, 2022.
- [F2]Each performance stock unit represents a contingent right to receive between .25 and 1.50 shares of Common Stock based upon the degree to which one or both of the Cloud Revenue and Adjusted EBITDA Margin performance metrics under the Companys 2021 Management Incentive Plan are satisfied. The performance stock units vest upon the later of (i) the date the Compensation Committee or the Board of Directors of the Company certify that one or both of the performance metrics have been met and (ii) March 8, 2022.
- [F3]Each performance stock unit represents a contingent right to receive between .25 and 2.00 shares of Common Stock based upon the degree to which one or both of the PEPM at provisioning revenue and recurring ACV metrics contained in the performance stock unit award agreement are satisfied. The performance stock units vest upon the later of (i) the date the Compensation Committee or the Board of Directors of the Company certify that one or both of the performance metrics have been met, and (ii) May 7, 2022.