SEC Form 4 · accession 0001016125-18-000032

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

Feb 8, 2018

Accepted (ET)

Feb 13, 2018 · 5:57 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
Restricted Stock Award^F1	Feb 8, 2018	F	4,445	$222.09	D	102,349	D
Restricted Stock Award^F2	Feb 9, 2018	F	5,157	$228.87	D	97,192	D
Restricted Stock Award^F3	Feb 9, 2018	F	7,553	$228.87	D	89,639	D
Restricted Stock Award	Feb 9, 2018	A	25,000	$0.00	A	114,639	D
Common Stock^F4,F5	Feb 9, 2018	S	400	$217.778	D	114,239	D
Common Stock^F4,F6	Feb 9, 2018	S	300	$218.633	D	113,939	D
Common Stock^F4,F7	Feb 9, 2018	S	400	$219.793	D	113,539	D
Common Stock^F4,F8	Feb 9, 2018	S	600	$220.895	D	112,939	D
Common Stock^F4,F9	Feb 9, 2018	S	2,200	$222.30	D	110,739	D
Common Stock^F4,F10	Feb 9, 2018	S	2,900	$223.125	D	107,839	D
Common Stock^F4,F11	Feb 9, 2018	S	1,137	$224.288	D	106,702	D
Common Stock^F4,F12	Feb 9, 2018	S	600	$225.712	D	106,102	D
Common Stock^F4,F13	Feb 12, 2018	S	2,162	$224.145	D	103,940	D
Common Stock^F4,F14	Feb 12, 2018	S	11,522	$225.162	D	92,418	D
Common Stock^F4,F15	Feb 12, 2018	S	3,604	$226.063	D	88,814	D
Common Stock^F4,F16	Feb 12, 2018	S	580	$227.687	D	88,234	D
Common Stock^F4,F17	Feb 12, 2018	S	1,618	$228.915	D	86,616	D
Common Stock^F4,F18	Feb 12, 2018	S	102	$229.417	D	86,514	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 $222.710 to $223.650. 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 $223.870 to $224.550. 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 $225.310 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.
F13The sales price represents the weighted average sales price ranging in price from $223.660 to $224.630. 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 $224.690 to $225.680. 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 $225.740 to $226.490. 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 $227.200 to $228.200. 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 $228.210 to $229.010. 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 $229.265 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.
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.
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 $217.150 to $218.060. 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 $218.260 to $219.000. 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 $219.370 to $220.180. 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 $220.560 to $221.410. 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.
F9The sales price represents the weighted average sales price ranging in price from $221.680 to $222.660. 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.