SEC Form 4 · accession 0001209191-15-009954
ULTIMATE SOFTWARE GROUP INC · ULTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc D Scherr
Officer — Vice-Chairman & COO · Director
Period of report
Feb 5, 2015
Accepted (ET)
Feb 5, 2015 · 6:31 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 5, 2015 | S | 3,500 | $155.68 | D | 279,833 | D | |
| Common StockF1,F3 | Feb 5, 2015 | S | 12,285 | $156.42 | D | 267,548 | D | |
| Common StockF1,F4 | Feb 5, 2015 | S | 8,715 | $157.23 | D | 258,833 | D | |
| Common StockF1,F5,F6 | Feb 5, 2015 | S | 500 | $158.30 | D | 258,333 | D | |
| Common Stock | holding | — | — | — | 18,261 | I | GRAT |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The 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 3, 2014.
- F2The sales price represents the weighted average sales price ranging in price from $154.905 to $155.895. 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.
- F3The sales price represents the weighted average sales price ranging in price from $155.905 to $156.900. 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 $156.920 to $157.830. 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 $158.000 to $158.560. 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.
- F6Includes transfer of 16,739 shares which were previously reported as indirectly owned by a Grantor Retained Annuity Trust ("GRAT").