SEC Form 4 · accession 0001016125-17-000146
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell K Dauerman
Officer — Exec. VP, CFO and Treasurer
Period of report
Nov 6, 2017
Accepted (ET)
Nov 8, 2017 · 5:58 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 7, 2017 | S | 11,416 | $195.429 | D | 122,045 | D | |
| Common StockF1,F3 | Nov 7, 2017 | S | 1,801 | $196.442 | D | 120,244 | D | |
| Common StockF1,F4 | Nov 7, 2017 | S | 1,004 | $197.402 | D | 119,240 | D | |
| Common StockF1,F5 | Nov 7, 2017 | S | 428 | $198.386 | D | 118,812 | D | |
| Common StockF1,F6 | Nov 7, 2017 | S | 378 | $199.556 | D | 118,434 | D | |
| Common StockF1,F7 | Nov 7, 2017 | S | 453 | $200.30 | D | 117,981 | D | |
| Restricted Stock AwardF8 | Nov 6, 2017 | F | 11,187 | $201.88 | D | 106,794 | 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 August 16, 2017.
- F2The sales price represents the weighted average sales price ranging in price from $194.995 to $195.955. 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 $195.960 to $196.950. 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 $196.985 to $197.980. 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 $198.000 to $198.950. 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 $199.010 to $200.000. 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 $200.110 to $200.830. 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.
- F8These 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, 2013 and November 6, 2014.