SCHERR MARC D (Vice-Chairman & COO) sold 41.5% of their position (66.76K shares) of ULTIMATE SOFTWARE GROUP INC on the open market
Open‑market sale worth $22.14M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 2/12/2019ACC: 0001016125-19-000027
DirectorOfficer· Vice-Chairman & COO
Since Aug 2018
-99.35K
Net shares
Net seller
$36.30M
Total sold
1
Open market trades
0B · 1S
5
Total transactions
10K acquired · 109.35K disposed
Non-Derivative Transactions5
Restricted Stock Award
Direct
Shares
+10K
Price / share
—
Trade value
—
% of position
5.2%
2/8/2019
193.37K→203.37K
Restricted Stock Award
Direct
Shares
−20K
Price / share
$332.41
Trade value
$6.65M
% of position
9.8%
2/8/2019
203.37K→183.37K
Restricted Stock Award
Direct
Shares
−1.97K
Price / share
$332.41
Trade value
$654.18K
% of position
1.1%
2/9/2019
183.37K→181.41K
Restricted Stock Award
Direct
Shares
−20.63K
Price / share
$332.41
Trade value
$6.86M
% of position
11.4%
2/10/2019
181.41K→160.78K
Common Stock
Direct
Shares
−66.76K
Price / share
$331.69
Trade value
$22.14M
% of position
41.5%
2/11/2019
160.78K→94.02K
Total
Net shares
−99.35K
Net value
-$36.30M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock Award Direct | 2/8/2019 | A · Award | +10K | — | — | 5.2% | 193.37K | 203.37K |
| Restricted Stock Award Direct | 2/8/2019 | F · Tax Withholding | −20K | $332.41 | $6.65M | 9.8% | 203.37K | 183.37K |
| Restricted Stock Award Direct | 2/9/2019 | F · Tax Withholding | −1.97K | $332.41 | $654.18K | 1.1% | 183.37K | 181.41K |
| Restricted Stock Award Direct | 2/10/2019 | F · Tax Withholding | −20.63K | $332.41 | $6.86M | 11.4% | 181.41K | 160.78K |
| Common Stock Direct | 2/11/2019 | S · Sale | −66.76K | $331.69 | $22.14M | 41.5% | 160.78K | 94.02K |
| Total | −99.35K | -$36.30M | ||||||
Derivative Transactions0
No derivative transactions reported