SEC Form 4 · accession 0001246360-17-000927
WAGEWORKS, INC. · WAGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Kimberly L. Wilford
Officer — General Counsel
Period of report
Feb 17, 2017
Accepted (ET)
Feb 22, 2017 · 9:35 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 | Feb 17, 2017 | M | 16,875 | $0.00 | A | 41,994 | D | |
| Common Stock | Feb 17, 2017 | F | 6,841 | $72.30 | D | 35,153 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1,F2 | — | Feb 17, 2017 | M | 16,875 | D | — | — | Common Stock | 16,875 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of WageWorks Inc. common stock.
- F2On March 10, 2014, the Reporting Person filed a Form 4 listing the acquisition of 18,750 RSUs, which was a maximum number of shares to be acquired based on a performance metric to be measured in the first quarter of 2017. On February 17, 2017, the Board of Directors of the Company determined that based on the performance achievements of the Company during the period January 1, 2014 through December 31, 2016, 16,875 shares under the RSU were deemed vested for the Reporting Person.