SEC Form 4 · accession 0001016125-17-000109
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Yanover
Director
Period of report
Aug 22, 2017
Accepted (ET)
Aug 22, 2017 · 4:15 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 | holding | — | — | — | 45,742 | D | ||
| Common Stock | holding | — | — | — | 41,396 | I | By GRAT | |
| Common StockF2 | holding | — | — | — | 3,360 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 200 | I | As trustee for the trust f/b/o grandchild A | |
| Common StockF3 | holding | — | — | — | 200 | I | As trustee for the trust f/b/o grandchild B |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F12,630 shares previously reported as indirectly beneficially owned by a Grantor Retained Annuity Trust ("GRAT") were transferred to a directly benefically owned account under the structure of the GRAT.
- F2These shares are held by Judith Yanover, Mr. Yanover's spouse.
- F3Mr. Yanover is the trustee for the trust for the benefit of his grandchild that does not share the reporting person's household. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.