SEC Form 4/A · accession 0001246360-17-001041
WAGEWORKS, INC. · WAGE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph L. Jackson
Officer — Chief Executive Officer · Director
Period of report
Feb 17, 2017
Accepted (ET)
Feb 24, 2017 · 6:49 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,F2 | $72.30 | Feb 17, 2017 | A | 100,000 | A | — | Feb 17, 2027 | Common Stock | 100,000 | 100,000 | D |
| Performance RightsF3,F4,F5 | — | Feb 17, 2017 | A | 100,000 | A | — | — | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The Form 4 filed on February 22, 2017 incorrectly reported the exercise price, transaction date and expiration date. This current amendment corrects the errors that were reported on the Form 4 filed February 22, 2017.
- F225% of the Option Shares vest on the first anniversary of the grant date, and an additional 1/48th of the total Option Shares vest on each of the 36 succeeding monthly anniversaries of the grant date.
- F3The Form 4 filed on February 22, 2017 incorrectly reported the transaction date. This current amendment corrects the errors that were reported on the Form 4 filed February 22, 2017.
- F4Each restricted stock unit represents a contingent right to receive one share of WageWorks Inc. common stock.
- F5The restricted stock units (RSU) vest in the first quarter of the 2020 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.