SEC Form 4 · accession 0001016125-15-000052
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc D Scherr
Officer — Vice-Chairman & COO · Director
Period of report
Jul 30, 2015
Accepted (ET)
Jul 31, 2015 · 5:08 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 30, 2015 | S | 17,600 | $183.12 | D | 325,366 | D | |
| Common StockF1,F3 | Jul 30, 2015 | S | 7,400 | $184.45 | D | 317,966 | D | |
| Common Stock | holding | — | — | — | 4,594 | I | GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- 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 May 1, 2015.
- F2The sales price represents the weighted average sales price ranging in price from $182.850 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 $184.000 to $184.755. 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.