0001246360-16-004544.txt : 20160216
0001246360-16-004544.hdr.sgml : 20160215
20160216215614
ACCESSION NUMBER: 0001246360-16-004544
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160211
FILED AS OF DATE: 20160216
DATE AS OF CHANGE: 20160216
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WAGEWORKS, INC.
CENTRAL INDEX KEY: 0001158863
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389]
IRS NUMBER: 943351864
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1100 PARK PLACE
STREET 2: 4TH FLOOR
CITY: SAN MATEO
STATE: CA
ZIP: 94403
BUSINESS PHONE: 650-557-5200
MAIL ADDRESS:
STREET 1: 1100 PARK PLACE
STREET 2: 4TH FLOOR
CITY: SAN MATEO
STATE: CA
ZIP: 94403
FORMER COMPANY:
FORMER CONFORMED NAME: WAGEWORKS INC
DATE OF NAME CHANGE: 20010907
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Montes Edgar O.
CENTRAL INDEX KEY: 0001527012
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35232
FILM NUMBER: 161431491
MAIL ADDRESS:
STREET 1: 1100 PARK PLACE
STREET 2: 4TH FLOOR
CITY: SAN MATEO
STATE: CA
ZIP: 94403
4
1
form.xml
PRIMARY DOCUMENT
X0306
4
2016-02-11
false
0001158863
WAGEWORKS, INC.
WAGE
0001527012
Montes Edgar O.
1100 PARK PLACE, 4TH FLOOR
SAN MATEO
CA
94403
false
true
false
false
Chief Operating Officer
Common Stock
2016-02-11
4
M
false
37500
0
A
39409
D
Common Stock
2016-02-11
4
F
false
16301
43.63
D
23108
D
Common Stock
2016-02-12
5
J
false
83
36.05
A
23191
D
Employee Stock Option (Right to Buy)
43.63
2016-02-11
4
A
false
75000
0
A
2026-02-11
Common Stock
75000
75000
D
Performance Rights
2016-02-11
4
A
false
50000
0
A
Common Stock
50000
50000
D
Performance Rights
2016-02-11
4
M
false
37500
0
D
Common Stock
37500
0
D
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.
Each restricted stock unit represents a contingent right to receive one share of WageWorks Inc. common stock.
The restricted stock units (RSU) vest in the first quarter of the 2019 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.
Includes an aggregate of 390 shares that have been acquired under the Wageworks employee stock purchase plan between May 14, 2015 and November 13, 2015.
On March 8, 2013, the Reporting Person filed a Form 4 listing the acquisition of 25,000 RSUs, which was a target number of shares based on a performance metric to be measured in the first quarter of 2016. On February 11, 2016, the Board of Directors of the Company determined that the Reporting Person had exceeded the performance metric by 150%. Hence, 37,500 RSUs were deemed vested as of that date.
Includes 83 shares that have been acquired under the Wageworks employee stock purchase plan on February 12, 2016.
/s/ Kimberly L. Wilford, attorney-in-fact
2016-02-16