SEC Form 4 · accession 0001016125-16-000163
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
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 4:28 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 | 1,500 | $156.363 | D | 408,096 | D | |
| Common StockF1,F3 | Feb 16, 2016 | S | 2,200 | $157.738 | D | 405,896 | D | |
| Common StockF1,F4 | Feb 16, 2016 | S | 5,048 | $158.563 | D | 400,848 | D | |
| Common StockF1,F5 | Feb 16, 2016 | S | 4,400 | $159.715 | D | 396,448 | D | |
| Common StockF1,F6 | Feb 16, 2016 | S | 1,859 | $160.578 | D | 394,589 | D | |
| Common StockF1,F7 | Feb 16, 2016 | S | 4,489 | $161.707 | D | 390,100 | 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 November 2, 2015.
- F2The sales price represents the weighted average sales price ranging in price from $155.920 to $156.830. 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 $157.070 to $158.043. 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 $158.100 to $159.070. 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 $159.100 to $160.070. 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 $160.190 to $161.040. 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 $161.250 to $162.100. 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.