David D. Ossip - Feb 3, 2025 Form 4 Insider Report for Dayforce, Inc. (DAY)

Role
Chairman and CEO, Director
Signature
/s/ William E. McDonald, attorney-in-fact
Stock symbol
DAY
Transactions as of
Feb 3, 2025
Transactions value $
$0
Form type
4
Date filed
2/5/2025, 04:05 PM
Previous filing
Nov 27, 2024
Next filing
Mar 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DAY Common Stock Options Exercise $0 +66.1K +7.28% $0.00 975K Feb 3, 2025 Direct F1, F2
holding DAY Common Stock 229K Feb 3, 2025 See Footnote F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DAY Performance Units Options Exercise $0 -21.1K -47.97% $0.00 22.9K Feb 3, 2025 Common Stock 21.1K Direct F1, F4
transaction DAY Performance Units Options Exercise $0 -5.52K -100% $0.00 0 Feb 3, 2025 Common Stock 5.52K Direct F1, F5
transaction DAY Performance Units Options Exercise $0 -33.4K -32.82% $0.00 68.4K Feb 3, 2025 Common Stock 33.4K Direct F1, F4
transaction DAY Performance Units Options Exercise $0 -6.12K -100% $0.00 0 Feb 3, 2025 Common Stock 6.12K Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 3, 2025, the Compensation Committee of Dayforce, Inc.'s (the "Company") Board of Directors determined that the performance conditions under the applicable performance stock unit ("PSU") award agreements (the "PSU Agreement") had been met, resulting in the vesting as to performance of these PSUs disclosed herein. The Reporting Person has elected to defer issuance of the underlying shares of common stock ("Common Stock") of the Company.
F2 Includes (i) 699,192 shares of Common Stock underlying vested restricted stock unit ("RSU") and PSU awards that the Reporting Person has elected to defer issuance, and (ii) 169,448 unvested RSUs and 83,755 unvested PSUs.
F3 Indirectly owned through OsFund Inc. The Reporting Person disclaims beneficial ownership except to the extent of the Reporting Person's pecuniary interest.
F4 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 contained in the PSU Agreement are satisfied annually over a three-year period.
F5 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 are satisfied.
F6 Each PSU represents a contingent right to receive shares of Common Stock based upon the degree to which the performance metric contained in the PSU Agreement is satisfied.

Remarks:

For David Ossip, pursuant to the Power of Attorney previously filed.