SEC Form 4 · accession 0001016125-16-000242
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Phenicie
Officer — Senior VP, Workplace Sales
Period of report
Nov 4, 2016
Accepted (ET)
Nov 7, 2016 · 4:47 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock Award | Nov 4, 2016 | A | 12,500 | $0.00 | A | 68,024 | D | |
| Restricted Stock AwardF1 | Nov 5, 2016 | F | 1,399 | $210.59 | D | 66,625 | D | |
| Restricted Stock AwardF2 | Nov 6, 2016 | F | 7,342 | $210.59 | D | 59,283 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were retained by the Company and not issued, in satisfaction of withholding payroll tax requirements applicable to vesting of the Restricted Stock Awards originally granted on November 5, 2015.
- F2These shares were retained by the Company and not issued, in satisfaction of withholding payroll tax requirements applicable to vesting of the Restricted Stock Awards originally granted on November 6, 2012 and November 6, 2014.