WAGEWORKS, INC. 4
4 · WAGEWORKS, INC. · Filed Mar 13, 2014
Insider Transaction Report
Form 4
WAGEWORKS, INC.WAGE
Green Richard T.
Chief Financial Officer
Transactions
- Sale
Common Stock
2014-03-11$61.95/sh−22,500$1,393,875→ 3,707 total - Exercise/Conversion
Common Stock
2014-03-11$6.18/sh+22,500$139,050→ 26,207 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2014-03-11−22,500→ 0 totalExercise: $6.18Exp: 2020-11-04→ Common Stock (22,500 underlying)
Footnotes (3)
- [F1]Includes an aggregate of 3,707 shares acquired under the WageWorks employee stock purchase plan between August 14, 2012 and May 14, 2013.
- [F2]The price reported is a weighted average price of $61.95. These shares were sold in multiple transactions at prices ranging from $61.88 to $62.00, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.
- [F3]Shares subject to the option vest in full on November 4, 2017; provided, however, (i) 25% of the shares subject to the option vested upon the closing of the Issuer's initial public offering; (ii) 25% of the shares subject to the option shall vest upon the achievement of certain financial performance goals; and (iii) the remaining 50% of the shares subject to the option shall vest upon the achievement of both (i) and (ii).