SEC Form 4 · accession 0000950142-18-002205
CDK Global, Inc. · CDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian M Krzanich
Officer — CEO / President · Director
Period of report
Nov 9, 2018
Accepted (ET)
Nov 13, 2018 · 6:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001609702
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $50.77 | Nov 9, 2018 | A | 147,405 | A | — | Nov 9, 2028 | Common Stock | 147,405 | 147,405 | D |
| Stock Option (Right to Buy)F2 | $50.77 | Nov 9, 2018 | A | 152,068 | A | — | Nov 9, 2028 | Common Stock | 152,068 | 152,068 | D |
Explanation of responses
- F1The option vests in three equal annual installments on November 7, 2019, 2020, and 2021.
- F2The option vests in full on November 7, 2021, if and only if the average closing price of the Issuer's common stock over any 20 consecutive trading days ending on or prior to such vesting date equals or exceeds $55.847 per share.