<SEC-DOCUMENT>0000950170-24-121478.txt : 20241105
<SEC-HEADER>0000950170-24-121478.hdr.sgml : 20241105
<ACCEPTANCE-DATETIME>20241105161433
ACCESSION NUMBER:		0000950170-24-121478
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241101
FILED AS OF DATE:		20241105
DATE AS OF CHANGE:		20241105

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Korngiebel Joseph B
		CENTRAL INDEX KEY:			0001848122
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38467
		FILM NUMBER:		241427632

	MAIL ADDRESS:	
		STREET 1:		C/O CERIDIAN HCM HOLDING INC.
		STREET 2:		3311 EAST OLD SHAKOPEE ROAD
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55425

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Dayforce, Inc.
		CENTRAL INDEX KEY:			0001725057
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		IRS NUMBER:				463231686
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3311 EAST OLD SHAKOPEE ROAD
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55425
		BUSINESS PHONE:		952-853-8100

	MAIL ADDRESS:	
		STREET 1:		3311 EAST OLD SHAKOPEE ROAD
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55425

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Ceridian HCM Holding Inc.
		DATE OF NAME CHANGE:	20171212
</SEC-HEADER>
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    <footnotes>
        <footnote id="F1">13,292 shares of common stock (&quot;Common Stock&quot;) of Dayforce, Inc. (the &quot;Company&quot;) that are issuable pursuant to restricted stock units (&quot;RSUs&quot;), granted on November 1, 2024, that vest in three annual installments beginning on November 1, 2025.</footnote>
        <footnote id="F2">Includes (i) 89,047 shares of Common Stock; (ii) 7,059 shares of Common Stock issuable pursuant to RSUs, granted on February 24, 2022, of which 7,059 shares vest on February 24, 2025; (iii) 18,282 shares of Common Stock issuable pursuant to RSUs, granted on February 28, 2023, of which 9,141 shares vest on each of February 28, 2025 and February 28, 2026; (iv) 36,630 shares of Common Stock issuable pursuant to RSUs, granted on March 1, 2024, of which 12,210 shares vest on each of March 1, 2025, March 1, 2026, and March 1, 2027; and (v) 13,292 shares of Common Stock issuable pursuant to RSUs, granted on November 1, 2024, of which 4,430 shares vest on November 1, 2025, and 4,431 shares vest of each of November 1, 2026 and November 1, 2027.</footnote>
        <footnote id="F3">Each performance stock unit (&quot;PSU&quot;) represents a contingent right to receive shares of Common Stock based upon the degree to which the performance metric contained in the PSU agreement (&quot;PSU Agreement&quot;) is satisfied. The number of PSUs reported in Table II reflects achievement at the target level of performance under the PSU Agreement. Based on actual results during the period beginning January 1, 2023 and ending December 31, 2025, the aggregate number of shares of Common Stock issued may range from zero shares to 200% of the target number of shares reported in Table II. The PSUs will only vest if the achievement of the performance metric under the PSU Agreement is certified to have been met by the Compensation Committee or the Board of Directors of the Company, and then any such certified amount will vest on February 28, 2026.</footnote>
        <footnote id="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. The number of PSUs reported in Table II reflects achievement at the target level of performance under the PSU Agreement. Based on actual results during each of the preceding period beginning on January 1 and ending December 31, 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 if the achievement of one or more of the annual performance metrics under the PSU Agreement is certified to have been met by the Compensation Committee or the Board of Directors of the Company for the prior period, and then any such certified amount will vest on the anniversary of the date of grant.</footnote>
        <footnote id="F5">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 5,880 PSUs occurs on February 24, 2025.</footnote>
        <footnote id="F6">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 (&quot;2024 MIP&quot;) 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.</footnote>
        <footnote id="F7">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. The number of PSUs reported in Table II reflects achievement at the target level of performance under the PSU Agreement. Based on actual results during each of the preceding periods beginning on January 1 and ending December 31, 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 if the achievement of one or more of the annual performance metrics under the PSU Agreement is certified to have been met by the Compensation Committee or the Board of Directors of the Company for the prior period, and then any such certified amount will vest on the anniversary of the date of grant.</footnote>
        <footnote id="F8">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. The number of PSUs reported in Table II reflects achievement at the target level of performance under the PSU Agreement. Based on actual results during the period beginning January 1, 2024 and ending December 31, 2026, the aggregate number of shares of Common Stock issued may range from zero shares to 200% of the target number of shares reported in Table II. The PSUs will only vest if the achievement of the performance metric under the PSU Agreement is certified to have been met by the Compensation Committee or the Board of Directors of the Company, and then any such certified amount will vest on March 1, 2027.</footnote>
        <footnote id="F9">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. The number of PSUs reported in Table II reflects achievement at the target level of performance under the PSU Agreement.  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 110% 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 the performance metric has been met under the PSU Agreement and (ii) the one-year anniversary of the date of grant.</footnote>
    </footnotes>

    <remarks>For Joseph Korngiebel, pursuant to the Power of Attorney previously filed.</remarks>

    <ownerSignature>
        <signatureName>/s/ William E. McDonald, attorney-in-fact</signatureName>
        <signatureDate>2024-11-05</signatureDate>
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