CERIDIAN CORP /DE/ 4
4 · CERIDIAN CORP /DE/ · Filed May 30, 2007
Insider Transaction Report
Form 4
NELSON GARY M
EVP & Secretary
Transactions
- Award
Restricted Stock Units
[F1][F2]2007-05-26+6,890→ 6,890 total→ Common Stock (6,890 underlying) - Award
Employee Stock Option (Right to Buy)
[F3]2007-05-26$33.02/sh+45,697$1,508,915→ 45,697 totalExercise: $33.02Exp: 2012-05-26→ Common Stock (45,697 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Ceridian Corporation's common stock.
- [F2]Grant of resticted stock units under the Ceridian Corporation 2004 Long-Term Stock Incentive Plan in a transaction exempt under Rule 16b-3(d). These units vest 2,297 shares on the first anniversary, 2,297 shares on the second anniversary and 2,296 shares on the third anniversary of the date of the grant.
- [F3]Grant of option to purchase shares of common stock under the Ceridian Corporation 2004 Long-Term Stock Incentive Plan in a transaction exempt under Rule 16b-3(d). This option vests 15,233 shares on the first anniversary, 15,232 shares on the second anniversary and 15,232 shares on the third anniversary of the date of the grant.
Signature
William E. McDonald, Attorney-in-fact, pursuant to a power of attorney previously filed with the SEC|2007-05-30