Marc D. Scherr, Vice-Chairman & COO at ULTIMATE SOFTWARE GROUP INC (ULTI), sold 166,702 shares at $217.50 ($37.4M) on 2018-02-09, disclosed to the SEC on 2018-02-13.
Seasonal sale ($37.4M) by Vice-Chairman & COO — this insider has traded ULTI in February in at least three consecutive prior years. Pattern-driven, low signal.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $217.50 | 900 | $196K | 0.5% |
| 2 | $217.50 | 900 | $196K | 0.5% |
| 3 | $218.55 | 1,600 | $350K | 0.9% |
| 4 | $218.55 | 1,600 | $350K | 0.9% |
| 5 | $219.57 | 1,700 | $373K | 1.0% |
| 6 | $219.57 | 1,700 |
| $373K |
| 1.0% |
| 7 | $220.61 | 1,500 | $331K | 0.9% |
| 8 | $220.61 | 1,500 | $331K | 0.9% |
| 9 | $221.84 | 5,000 | $1.1M | 3.0% |
| 10 | $221.84 | 5,000 | $1.1M | 3.0% |
| 11 | $222.77 | 11,813 | $2.6M | 7.0% |
| 12 | $222.77 | 11,813 | $2.6M | 7.0% |
| 13 | $223.62 | 6,793 | $1.5M | 4.1% |
| 14 | $223.62 | 6,793 | $1.5M | 4.1% |
| 15 | $224.62 | 2,298 | $516K | 1.4% |
| 16 | $224.62 | 2,298 | $516K | 1.4% |
| 17 | $225.66 | 552 | $125K | 0.3% |
| 18 | $225.66 | 552 | $125K | 0.3% |
| 19 | $225.04 | 25,532 | $5.7M | 15.4% |
| 20 | $225.04 | 25,532 | $5.7M | 15.4% |
| 21 | $225.66 | 4,459 | $1.0M | 2.7% |
| 22 | $225.66 | 4,459 | $1.0M | 2.7% |
| 23 | $225.85 | 15,369 | $3.5M | 9.3% |
| 24 | $225.85 | 15,369 | $3.5M | 9.3% |
| 25 | $226.78 | 969 | $220K | 0.6% |
| 26 | $226.78 | 969 | $220K | 0.6% |
| 27 | $228.05 | 1,366 | $312K | 0.8% |
| 28 | $228.05 | 1,366 | $312K | 0.8% |
| 29 | $228.98 | 3,500 | $801K | 2.1% |
| 30 | $228.98 | 3,500 | $801K | 2.1% |
| Total | $224.42 avg | 166,702 | $37.4M | 100% |
| Filing → |
| ULTI | SELL | 2017-11-08 | $5.9M | — | Filing → |
| ULTI | SELL | 2017-02-13 | $3.6M | — | Filing → |
| ULTI | SELL | 2017-02-09 | $6.0M | — | Filing → |