SEC Form 4 · accession 0001246360-16-004540
WAGEWORKS, INC. · WAGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Metzger
Director
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 9:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001158863
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $43.63 | Feb 11, 2016 | A | 15,000 | A | — | Feb 11, 2026 | Common Stock | 15,000 | 15,000 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 11, 2016 | A | 10,000 | A | — | — | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1One third of the Option Shares vest on the first anniversary of the grant date, and an additional 1/36th of the total Option Shares vest on each of the 24 succeeding monthly anniversaries of the grant date.
- F2Each restricted stock unit represents a contingent right to receive one share of WageWorks Inc. common stock.
- F3The Restricted Stock Units shall vest in equal annual installments on each of the three anniversaries of the grant date and such restricted stock units are subject to vesting acceleration provisions upon a change of control of the issuer.