WAGEWORKS, INC. 4
4 · WAGEWORKS, INC. · Filed Apr 10, 2017
Insider Transaction Report
Form 4
WAGEWORKS, INC.WAGE
Jackson Kimberly L.
SVP,General Counsel &Secretary
Transactions
- Exercise/Conversion
Common Stock
2017-04-07+16,500→ 51,653 total - Exercise/Conversion
Performance Rights
2017-04-07−16,500→ 0 total→ Common Stock (16,500 underlying) - Tax Payment
Common Stock
2017-04-07$71.65/sh−8,610$616,907→ 43,043 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of WageWorks Inc. common stock.
- [F2]On April 10, 2014, the Reporting Person filed a Form 4 which reported the acquisition of 66,000 restricted stock units (RSU), which was the maximum number of shares to be acquired based on certain milestones to be measured in the second quarter of 2017. On April 3, 2017, a committee of the Board of Directors of the Company determined that certain milestones as outlined in the RSU Agreement between the Reporting Person and the Company had been met during the measurement period of April 8, 2014 through April 7, 2017; therefore, 16,500 shares under the RSU agreement were deemed vested for the Reporting Person.