SEC Form 4 · accession 0001016125-19-000029
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
Feb 8, 2019
Accepted (ET)
Feb 12, 2019 · 5:05 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 Award | Feb 8, 2019 | A | 15,000 | $0.00 | A | 34,167 | D | |
| Restricted Stock AwardF1 | Feb 9, 2019 | F | 2,026 | $332.41 | D | 32,141 | D | |
| Common StockF2,F3 | Feb 11, 2019 | S | 2,974 | $331.9942 | D | 29,167 | 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 February 9, 2018.
- 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 14, 2018.
- F3The sales price represents the weighted average sales price ranging in price from $331.71 to $332.41. 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.