SEC Form 4 · accession 0001246360-16-005992
WAGEWORKS, INC. · WAGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph L. Jackson
Officer — Chief Executive Officer · Director
Period of report
May 20, 2016
Accepted (ET)
May 24, 2016 · 8:42 pm EDT
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 | May 20, 2016 | M | 50,000 | $9.42 | A | 101,481 | D | |
| Common StockF2 | May 20, 2016 | S | 50,000 | $55.00 | D | 51,481 | D | |
| Common Stock | May 23, 2016 | M | 21,198 | $9.42 | A | 72,679 | D | |
| Common StockF3 | May 23, 2016 | S | 21,198 | $55.94 | D | 51,481 | D | |
| Common Stock | May 24, 2016 | M | 24,883 | $9.42 | A | 76,364 | D | |
| Common StockF4 | May 24, 2016 | S | 24,883 | $56.24 | D | 51,481 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy) | $9.42 | May 20, 2016 | M | 50,000 | D | May 25, 2007 | May 25, 2017 | Common Stock | 50,000 | 46,081 | D |
| Stock Options (Right to Buy) | $9.42 | May 23, 2016 | M | 21,198 | D | May 25, 2007 | May 25, 2017 | Common Stock | 21,198 | 24,883 | D |
| Stock Options (Right to Buy) | $9.42 | May 24, 2016 | M | 24,883 | D | May 25, 2007 | May 25, 2017 | Common Stock | 24,883 | 0 | D |
Explanation of responses
- F1Includes 334 shares that have been acquired under the Wageworks employee stock purchase plan on May 13, 2016.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges as set forth in this footnote.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.75 to $56.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges as set forth in this footnote.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.00 to $56.50, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges as set forth in this footnote.