SEC Form 4 · accession 0001016125-16-000161
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Scherr
Officer — Chairman, President and CEO · Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 4:27 pm EST
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 | Feb 16, 2016 | S | 4,000 | $156.438 | D | 575,841 | D | |
| Common StockF1,F3 | Feb 16, 2016 | S | 7,949 | $157.873 | D | 567,892 | D | |
| Common StockF1,F4 | Feb 16, 2016 | S | 9,858 | $158.565 | D | 558,034 | D | |
| Common StockF1,F5 | Feb 16, 2016 | S | 10,658 | $159.745 | D | 547,376 | D | |
| Common StockF1,F6 | Feb 16, 2016 | S | 4,000 | $160.83 | D | 543,376 | D | |
| Common StockF1,F7 | Feb 16, 2016 | S | 9,042 | $161.759 | D | 534,334 | D |
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 November 2, 2015.
- F2The sales price represents the weighted average sales price ranging in price from $155.930 to $156.880. 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 $157.230 to $158.200. 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 sales price represents the weighted average sales price ranging in price from $158.270 to $159.190. 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.
- F5The sales price represents the weighted average sales price ranging in price from $159.300 to $160.250. 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.
- F6The sales price represents the weighted average sales price ranging in price from $160.310 to $161.200. 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.
- F7The sales price represents the weighted average sales price ranging in price from $161.400 to $162.080. 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.