SEC Form 4 · accession 0001246360-15-001063
WAGEWORKS, INC. · WAGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edgar O. Montes
Officer — Chief Operating Officer
Period of report
Nov 14, 2014
Accepted (ET)
Feb 20, 2015 · 4:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001158863
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 14, 2014 | J | 68 | $37.62 | A | 1,469 | D | |
| Common StockF2 | Feb 14, 2015 | J | 50 | $50.57 | A | 1,519 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF3,F4 | — | Feb 18, 2015 | A | 40,000 | A | — | — | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F168 shares acquired under the Wageworks employee stock purchase plan on November 14, 2014.
- F250 shares acquired under the Wageworks employee stock purchase plan on February 14, 2015 such that an aggregate of 1,519 shares have been acquired under the Wageworks employee stock purchase plan between August 14, 2012 and February 14, 2015.
- F3Each restricted stock unit represents a contingent right to receive one share of Wageworks, Inc common stock.
- F4The restricted stock units (RSU) vest in the first quarter of the 2018 calendar year should the Company achieve certain milestones as outlined in the RSU agreement between the Company and the reporting person. Vested Shares will be delivered to the reporting person on such vesting date.