SCHERR SCOTT (Chairman, President and CEO) sold 34.3% of their position (70.81K shares) of ULTIMATE SOFTWARE GROUP INC on the open market
Open‑market sale worth $23.49M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 2/12/2019ACC: 0001016125-19-000026
DirectorOfficer· Chairman, President and CEO
Since Feb 2019
-81.02K
Net shares
Net seller
$38.51M
Total sold
1
Open market trades
0B · 1S
5
Total transactions
35K acquired · 116.02K disposed
Non-Derivative Transactions5
Restricted Stock Award
Direct
Shares
+35K
Price / share
—
Trade value
—
% of position
16.1%
2/8/2019
216.78K→251.78K
Restricted Stock Award
Direct
Shares
−19.99K
Price / share
$332.41
Trade value
$6.64M
% of position
7.9%
2/8/2019
251.78K→231.79K
Restricted Stock Award
Direct
Shares
−4.59K
Price / share
$332.41
Trade value
$1.53M
% of position
2.0%
2/9/2019
231.79K→227.20K
Restricted Stock Award
Direct
Shares
−20.63K
Price / share
$332.41
Trade value
$6.86M
% of position
9.1%
2/10/2019
227.20K→206.57K
Common Stock
Direct
Shares
−70.81K
Price / share
$331.68
Trade value
$23.49M
% of position
34.3%
2/11/2019
206.57K→135.76K
Total
Net shares
−81.02K
Net value
-$38.51M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock Award Direct | 2/8/2019 | A · Award | +35K | — | — | 16.1% | 216.78K | 251.78K |
| Restricted Stock Award Direct | 2/8/2019 | F · Tax Withholding | −19.99K | $332.41 | $6.64M | 7.9% | 251.78K | 231.79K |
| Restricted Stock Award Direct | 2/9/2019 | F · Tax Withholding | −4.59K | $332.41 | $1.53M | 2.0% | 231.79K | 227.20K |
| Restricted Stock Award Direct | 2/10/2019 | F · Tax Withholding | −20.63K | $332.41 | $6.86M | 9.1% | 227.20K | 206.57K |
| Common Stock Direct | 2/11/2019 | S · Sale | −70.81K | $331.68 | $23.49M | 34.3% | 206.57K | 135.76K |
| Total | −81.02K | -$38.51M | ||||||
Derivative Transactions0
No derivative transactions reported