Ceridian Announces Sales of Common Stock Pursuant to Rule 144

MINNEAPOLIS, June 09, 2020 (GLOBE NEWSWIRE) -- Ceridian HCM Holding Inc. (“Ceridian” or the “Company”) (NYSE:CDAY) (TSX:CDAY), a global human capital management software company, announced today that affiliates of Thomas H. Lee Partners, L.P. (“THL”) and David Ossip, Chairman and Chief Executive Officer of the Company, sold 5,217,344 and 500,000 shares of the Company’s common stock, par value $0.01 per share (the “Common Stock”), respectively, pursuant to Rule 144 of the Securities Act of 1933, as amended. Prior to these sales, THL owned approximately 12.4 million shares of Common Stock. Prior to the exercise, the 500,000 shares of Common Stock exercised by David Ossip made up 5.1% of his direct and indirect holdings of Common Stock, exchangeable shares, and vested and unvested stock options and restricted stock units. Proceeding the exercise, David Ossip holds 9,362,884 of Common Stock, exchangeable shares, and vested and unvested stock options and restricted stock units, or 6.4% of the Company’s Common Stock outstanding as of June 8, 2020.   

About Ceridian HCM Holding Inc.

Ceridian. Makes Work Life Better.

Ceridian is a global human capital management software company. Dayforce, our flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. Our platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate,” “estimate,” “expect,” “project,” “seek,” “plan,” “intend,” “believe,” “will,” “may,” “could,” “continue,” “likely,” “should,” and other words.