4//SEC Filing
Leiter Alois T 4
Accession 0001016125-19-000073
CIK 0001016125other
Filed
May 6, 8:00 PM ET
Accepted
May 7, 5:07 PM ET
Size
14.9 KB
Accession
0001016125-19-000073
Insider Transaction Report
Form 4
Leiter Alois T
Director
Transactions
- Disposition to Issuer
Common Stock
2019-05-03$331.50/sh−141,284$46,835,646→ 0 total - Disposition to Issuer
Common Stock
2019-05-03$331.50/sh−1,315$435,923→ 0 total(indirect: By Children) - Disposition to Issuer
Common Stock
2019-05-03$331.50/sh−115$38,123→ 0 total(indirect: By Children) - Disposition to Issuer
Common Stock
2019-05-03$331.50/sh−36,338$12,046,047→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2019-05-03$331.50/sh−115$38,123→ 0 total(indirect: By Children) - Disposition to Issuer
Common Stock
2019-05-03$331.50/sh−115$38,123→ 0 total(indirect: By Children)
Footnotes (5)
- [F1]These shares were previously reported in Table I of Form 4 as restricted stock awards. Pursuant to the Merger Agreement (as defined below), at the Effective Time (as defined below), each outstanding restricted stock award became fully vested and was cancelled and converted into the right to receive the Merger Consideration (as defined below) without interest and subject to applicable withholding taxes.
- [F2]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.
- [F3]These shares are held in a Family Limited Partnership, in which Mr. Leiter is the trustee.
- [F4]Held by William Salsburg, Mr. Leiter's father-in-law, FBO his grandchildren.
- [F5]Mr. Leiter is the trustee for the trust account for his minor child.
Documents
Issuer
ULTIMATE SOFTWARE GROUP INC
CIK 0001016125
Entity typeother
Related Parties
1- filerCIK 0001379223
Filing Metadata
- Form type
- 4
- Filed
- May 6, 8:00 PM ET
- Accepted
- May 7, 5:07 PM ET
- Size
- 14.9 KB