SEC Form 4 · accession 0001016125-18-000022
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
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 5:54 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 AwardF1 | Feb 9, 2018 | F | 1,006 | $228.87 | D | 32,158 | D | |
| Restricted Stock Award | Feb 9, 2018 | A | 15,000 | $0.00 | A | 47,158 | D | |
| Common StockF2 | Feb 12, 2018 | M | 4,000 | $32.39 | A | 51,158 | D | |
| Common StockF2,F3 | Feb 12, 2018 | S | 415 | $226.381 | D | 50,743 | D | |
| Common StockF2,F4 | Feb 12, 2018 | S | 700 | $227.746 | D | 50,043 | D | |
| Common StockF2,F5 | Feb 12, 2018 | S | 1,730 | $228.698 | D | 48,313 | D | |
| Common StockF2,F6 | Feb 12, 2018 | S | 243 | $228.698 | D | 48,070 | D | |
| Common StockF2,F7 | Feb 12, 2018 | S | 1,700 | $224.823 | D | 46,370 | D | |
| Common StockF2,F8 | Feb 12, 2018 | S | 2,300 | $225.423 | D | 44,070 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF2 | $32.39 | Feb 12, 2018 | M | 4,000 | D | Jul 28, 2008 | Jul 28, 2018 | Common Stock | 4,000 | 0 | D |
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 March 6,2015.
- F2The 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 16, 2017.
- F3The sales price represents the weighted average sales price ranging in price from $226.110 to $227.000. 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.
- F4The sales price represents the weighted average sales price ranging in price from $227.200 to $228.020. 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 $228.200 to $229.090. 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 $229.420 to $229.520. 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 $224.150 to $225.110. 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.
- F8The sales price represents the weighted average sales price ranging in price from $225.165 to $225.760. 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.