SEC Form 4 · accession 0001016125-17-000131
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Manne
Officer — Senior VP, General Counsel
Period of report
Nov 3, 2017
Accepted (ET)
Nov 6, 2017 · 6:24 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 | Nov 3, 2017 | S | 2,149 | $204.892 | D | 76,484 | D | |
| Common StockF1,F3 | Nov 3, 2017 | S | 2,851 | $206.968 | D | 73,633 | D | |
| Restricted Stock AwardF4 | Nov 3, 2017 | F | 2,686 | $206.78 | D | 70,947 | D | |
| Common Stock | holding | — | — | — | 1,000 | I | Shares held in an irrevocable trust |
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 August 14, 2017.
- F2The sales price represents the weighted average sales price ranging in price from $204.500 to $205.220. 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 $206.300 to $207.250. 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.
- F4These 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 and November 4, 2016.