WAGEWORKS, INC. 4
4 · WAGEWORKS, INC. · Filed Feb 22, 2017
Insider Transaction Report
Form 4
WAGEWORKS, INC.WAGE
Jackson Kimberly L.
SVP,General Counsel &Secretary
Transactions
- Award
Performance Rights
2017-02-16+60,000→ 60,000 total→ Common Stock (60,000 underlying) - Other
Common Stock
2017-02-14$61.50/sh+148$9,102→ 25,119 total - Award
Employee Stock Option (Right to Buy)
2017-02-16+75,000→ 75,000 totalExercise: $73.50Exp: 2027-02-16→ Common Stock (75,000 underlying)
Footnotes (4)
- [F1]Includes 148 shares that have been acquired under the Wageworks employee stock purchase plan on February 14, 2017.
- [F2]25% of the Option Shares vest on the first anniversary of the grant date, and an additional 1/48th of the total Option Shares vest on each of the 36 succeeding monthly anniversaries of the grant date.
- [F3]Each restricted stock unit represents a contingent right to receive one share of WageWorks Inc. common stock.
- [F4]The restricted stock units (RSU) vest in the first quarter of the 2020 calendar year should the Company achieve certain milestones as outlined in the RSU agreement between the Company and the reporting person. Vested Shares will be delivered to the reporting person on such vesting date.