SEC Form 4 · accession 0001016125-18-000030
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Adam Rogers
Officer — Senior VP, Technology
Period of report
Feb 9, 2018
Accepted (ET)
Feb 13, 2018 · 5:56 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 | 1,247 | $228.87 | D | 21,897 | D | |
| Restricted Stock Award | Feb 9, 2018 | A | 25,000 | $0.00 | A | 46,897 | D | |
| Common StockF2,F3 | Feb 12, 2018 | S | 363 | $226.447 | D | 46,534 | D | |
| Common StockF2,F4 | Feb 12, 2018 | S | 800 | $227.82 | D | 45,734 | D | |
| Common StockF2,F5 | Feb 12, 2018 | S | 2,300 | $228.86 | D | 43,434 | D | |
| Common StockF2,F6 | Feb 12, 2018 | S | 100 | $229.41 | D | 43,334 | 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 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 15, 2017.
- F3The sales price represents the weighted average sales price ranging in price from $226.110 to $226.970. 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 $227.310 to $228.220. 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.
- F5The sales price represents the weighted average sales price ranging in price from $228.355 to $229.000. 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.
- F6The sales price represents the weighted average sales price ranging in price from $229.410 to $229.410. 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.