SEC Form 4 · accession 0001016125-15-000050

ULTIMATE SOFTWARE GROUP INC · ULTI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Senior VP, Workplace Sales

Period of report

Jul 30, 2015

Accepted (ET)

Jul 31, 2015 · 5:06 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001016125

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Jul 30, 2015	M	2,000	$30.34	A	56,344	D
Common Stock	Jul 30, 2015	M	6,000	$28.41	A	62,344	D
Common Stock^F1,F2	Jul 30, 2015	S	6,900	$183.26	D	55,444	D
Common Stock^F1,F3	Jul 30, 2015	S	1,100	$184.51	D	54,344	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option^F4	$30.34	Jul 30, 2015	M	2,000	D	Jul 24, 2007	Jul 24, 2017	Common Stock	2,000	0	D
Employee Stock Option^F5	$28.41	Jul 30, 2015	M	6,000	D	Feb 5, 2008	Feb 5, 2018	Common Stock	6,000	0	D

F1The transactions reported on this Form 4 were effected pursuant to a Rule 10(b)5-1 trading plan adopted by the reporting person on April 30, 2015.
F2The sales price represents the weighted average sales price ranging in price from $182.950 to $183.815. The number of shares sold at each separate price will be made available to the SEC Staff, the issuer, or a security holder of the issuer upon request.
F3The sales price represents the weighted average sales price ranging in price from $184.380 to $184.610. The number of shares sold at each separate price will be made available to the SEC Staff, the issuer, or a security holder of the issuer upon request.
F4The option vested in four equal installments on July 24, 2007, 2008, 2009 and 2010.
F5The option vested in four equal installments on February 5, 2008, 2009, 2010 and 2011.