SEC Form 4 · accession 0000950142-17-001673
CDK Global, Inc. · CDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil Packham
Officer — President CDK International
Period of report
Sep 8, 2017
Accepted (ET)
Sep 12, 2017 · 7:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001609702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 8, 2017 | M | 340 | — | A | 340 | D | |
| Common Stock | Sep 8, 2017 | D | 340 | $62.46 | D | 0 | D | |
| Common StockF1 | Sep 9, 2017 | M | 459 | — | A | 459 | D | |
| Common Stock | Sep 9, 2017 | D | 459 | $62.46 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | $62.46 | Sep 8, 2017 | M | 340 | D | — | — | Common Stock | 340 | 681 | D |
| Restricted Stock UnitsF1,F3 | $62.46 | Sep 9, 2017 | M | 459 | D | — | — | Common Stock | 459 | 460 | D |
Explanation of responses
- F1The restricted stock units are settled solely in cash ("cash-settled RSUs") within 30 days after the vesting date.
- F2The remaining cash-settled RSUs vest in two equal installments on September 8, 2018 and 2019.
- F3The remaining cash-settled RSUs vest on September 9, 2018.