CDK Global (CDK) Form 4 CDK Global / Alfred A Nietzel ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Nietzel Alfred A

(Last) (First) (Middle)

1950 HASSELL ROAD

(Street)

HOFFMAN ESTATES IL 60169

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CDK Global, Inc. [ CDK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
03/08/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/08/2017		M		5,514	A	$14.609	38,167.892	D
Common Stock	03/08/2017		M		6,893	A	$14.761	45,060.892	D
Common Stock	03/08/2017		M		9,650	A	$17.96	54,710.892	D
Common Stock	03/08/2017		M		19,301	A	$20.244	74,011.892	D
Common Stock	03/08/2017		S		33,389	D	$66.441(1)	40,622.892	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	$14.609	03/08/2017		M			5,514	01/31/2014	01/30/2018	Common Stock	5,514	$0	0	D
Stock Option (Right to Buy)	$14.761	03/08/2017		M			6,893	02/09/2014	02/08/2020	Common Stock	6,893	$0	0	D
Stock Option (Right to Buy)	$17.96	03/08/2017		M			9,650	(2)	02/07/2021	Common Stock	9,650	$0	0	D
Stock Option (Right to Buy)	$20.244	03/08/2017		M			19,301	(2)	01/25/2022	Common Stock	19,301	$0	0	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple open market transactions at prices ranging from $66.30 to $66.57, inclusive. The report person undertakes to provide to CDK Global, Inc., a security holder thereof, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).

2. Grant has a graded vesting schedule. Date Exercisable varied for each vesting tranche.

	/s/ Lee J. Brunz, Power of Attorney	03/10/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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