Home/Filings/4/0001016125-19-000077
4//SEC Filing

Alvaro Felicia 4

Accession 0001016125-19-000077

CIK 0001016125other

Filed

May 6, 8:00 PM ET

Accepted

May 7, 5:08 PM ET

Size

17.0 KB

Accession

0001016125-19-000077

Insider Transaction Report

Form 4
Period: 2019-05-03
Alvaro Felicia
DirectorExec. VP. CFO and Treasurer
Transactions
  • Exercise/Conversion

    Common Stock

    2019-05-03$331.50/sh+667$221,11140,667 total
  • Exercise/Conversion

    Common Stock

    2019-05-03$331.50/sh+667$221,11141,334 total
  • Exercise/Conversion

    Common Stock

    2019-05-03$331.50/sh+667$221,11142,001 total
  • Disposition to Issuer

    Common Stock

    2019-05-03$331.50/sh42,001$13,923,3320 total
  • Exercise/Conversion

    Restricted Stock Unit

    2019-05-036670 total
    Exercise: $0.00Restricted Stock Unit (667 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    2019-05-036670 total
    Exercise: $0.00Restricted Stock Unit (667 underlying)
  • Exercise/Conversion

    Restricted Stock Unit

    2019-05-036670 total
    Exercise: $0.00Restricted Stock Unit (667 underlying)
Footnotes (5)
  • [F1]This Form 4 reports securities disposed of pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement"), dated as of February 3, 2019, by and among The Ultimate Software Group, Inc. (the "Company"), Unite Parent Corp. ("Parent") and Unite Merger Sub Corp. ("Merger Sub"), a copy of which is filed as Exhibit 2.1 to the Company's Form 8-K filed with the Securities and Exchange Commission (the "SEC") on February 4, 2019, pursuant to which the Company became an indirect wholly owned subsidiary of Parent (the "Merger") on May 3, 2019 (the "Effective Time"). At the Effective Time, each issued and outstanding share of common stock of the Company was cancelled and converted into the right to receive $331.50 in cash (the "Merger Consideration") without interest and subject to applicable withholding taxes.
  • [F2]These restricted stock unites were converted pursuant to the Merger Agreement, at the Effective Time, each outstanding restricted stock award became fully vested and was cancelled and converted into the right to receive the Merger Consideration without interest and subject to applicable withholding taxes.
  • [F3]This restricted stock unit was granted on February 8, 2016.
  • [F4]This restricted stock unit was granted on February 9, 2018.
  • [F5]This restricted stock unit was granted on February 10, 2017.

Issuer

ULTIMATE SOFTWARE GROUP INC

CIK 0001016125

Entity typeother

Related Parties

1
  • filerCIK 0001739488

Filing Metadata

Form type
4
Filed
May 6, 8:00 PM ET
Accepted
May 7, 5:08 PM ET
Size
17.0 KB