Filing Details

Accession Number:
0001209191-14-020131
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-13 12:09:05
Reporting Period:
2014-03-11
Filing Date:
2014-03-13
Accepted Time:
2014-03-13 12:09:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1158863 Wageworks Inc. WAGE Services-Business Services, Nec (7389) 943351864
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1527103 T. Richard Green C/O Wageworks, Inc
1100 Park Place 4Th Floor
San Mateo CA 94403
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-03-11 22,500 $6.18 26,207 No 4 M Direct
Common Stock Disposition 2014-03-11 22,500 $61.95 3,707 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2014-03-11 22,500 $0.00 22,500 $6.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-11-04 No 4 M Direct
Footnotes
  1. Includes an aggregate of 3,707 shares acquired under the WageWorks employee stock purchase plan between August 14, 2012 and May 14, 2013.
  2. 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.
  3. 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).