SEC Form 4 · accession 0001016125-18-000031
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Scherr
Officer — Chairman, President and CEO · Director
Period of report
Feb 8, 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 8, 2018 | F | 19,763 | $222.09 | D | 343,139 | D | |
| Restricted Stock AwardF2 | Feb 9, 2018 | F | 20,629 | $228.87 | D | 322,510 | D | |
| Restricted Stock AwardF3 | Feb 9, 2018 | F | 30,211 | $228.87 | D | 292,299 | D | |
| Common StockF4,F5 | Feb 9, 2018 | S | 900 | $217.479 | D | 291,399 | D | |
| Common StockF4,F6 | Feb 9, 2018 | S | 1,200 | $218.451 | D | 290,199 | D | |
| Common StockF4,F7 | Feb 9, 2018 | S | 1,900 | $219.473 | D | 288,299 | D | |
| Common StockF4,F8 | Feb 9, 2018 | S | 1,200 | $220.344 | D | 287,099 | D | |
| Common StockF4,F9 | Feb 9, 2018 | S | 3,447 | $221.536 | D | 283,652 | D | |
| Common StockF4,F10 | Feb 9, 2018 | S | 9,731 | $222.503 | D | 273,921 | D | |
| Common StockF4,F11 | Feb 9, 2018 | S | 9,689 | $223.337 | D | 264,232 | D | |
| Common StockF4,F12 | Feb 9, 2018 | S | 3,099 | $224.312 | D | 261,133 | D | |
| Common StockF4,F13 | Feb 9, 2018 | S | 800 | $225.501 | D | 260,333 | D | |
| Common StockF4,F14 | Feb 9, 2018 | S | 200 | $226.27 | D | 260,133 | D | |
| Restricted Stock Award | Feb 9, 2018 | A | 35,000 | $0.00 | A | 327,299 | D | |
| Common StockF4,F15 | Feb 12, 2018 | S | 7,041 | $224.004 | D | 288,092 | D | |
| Common StockF4,F16 | Feb 12, 2018 | S | 42,947 | $225.037 | D | 245,145 | D | |
| Common StockF4,F17 | Feb 12, 2018 | S | 19,414 | $225.812 | D | 225,731 | D | |
| Common StockF4,F18 | Feb 12, 2018 | S | 2,200 | $226.782 | D | 223,531 | D | |
| Common StockF4,F19 | Feb 12, 2018 | S | 2,454 | $227.592 | D | 221,077 | D | |
| Common StockF4,F20 | Feb 12, 2018 | S | 4,300 | $228.98 | D | 216,777 | 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 February 8, 2016.
- F10The sales price represents the weighted average sales price ranging in price from $221.955 to $222.960. 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.
- F11The sales price represents the weighted average sales price ranging in price from $222.970 to $223.950. 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.
- F12The sales price represents the weighted average sales price ranging in price from $224.000 to $225.000. 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.
- F13The sales price represents the weighted average sales price ranging in price from $225.090 to $225.850. 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.
- F14The sales price represents the weighted average sales price ranging in price from $226.240 to $226.300. 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.
- F15The sales price represents the weighted average sales price ranging in price from $223.370 to $224.370. 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.
- F16The sales price represents the weighted average sales price ranging in price from $224.385 to $225.385. 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.
- F17The sales price represents the weighted average sales price ranging in price from $226.395 to $226.385. 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.
- F18The sales price represents the weighted average sales price ranging in price from $226.395 to $227.310. 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.
- F19The sales price represents the weighted average sales price ranging in price from $227.420 to $228.360. 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.
- F2These 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 February 10, 2017.
- F20The sales price represents the weighted average sales price ranging in price from $228.500 to $229.420. 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.
- F3These 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.
- F4The 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.
- F5The sales price represents the weighted average sales price ranging in price from $216.870 to $217.850. 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 $217.880 to $218.860. 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 $218.920 to $219.890. 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 $219.940 to $220.880. 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.
- F9The sales price represents the weighted average sales price ranging in price from $220.950 to $221.940. 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.