SEC Form 4 · accession 0001016125-18-000154
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Swick
Officer — Senior VP, Enterprise Sales
Period of report
Nov 4, 2018
Accepted (ET)
Nov 6, 2018 · 4:09 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 | Nov 4, 2018 | F | 2,041 | $260.60 | D | 25,460 | D | |
| Restricted Stock AwardF2 | Nov 5, 2018 | F | 2,041 | $256.21 | D | 23,419 | D | |
| Common StockF3,F4 | Nov 6, 2018 | S | 1,552 | $255.731 | D | 21,867 | D | |
| Common StockF3,F5 | Nov 6, 2018 | S | 1,100 | $256.525 | D | 20,767 | D | |
| Common StockF3,F6 | Nov 6, 2018 | S | 800 | $258.102 | D | 19,967 | D | |
| Common StockF3,F7 | Nov 6, 2018 | S | 800 | $259.035 | D | 19,167 | 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 November 4, 2016.
- 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 November 5, 2015.
- F3The 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 14, 2018.
- F4The sales price represents the weighted average sales price ranging in price from $255.15 to $256.15. 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 $256.23 to $256.78. 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 $257.61 to $258.54. 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 $258.75 to $259.39. 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.