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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1016125	Ultimate Software Group Inc	ULTI	Services-Prepackaged Software (7372)	650694077

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1249676	Robert Yanover	2000 Ultimate Way Weston FL 33326		Yes	No	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, $0.01 Par Value	Disposition	2014-08-05	93	$130.86	47,150	No	4	S	Indirect	By GRAT
Restricted Stock Award	Acquisiton	2014-08-06	544	$0.00	40,947	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By GRAT
No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.01 Par Value	3,360	Indirect	By Spouse
Common Stock, $0.01 Par Value	200	Indirect	As trustee for trust for the trust f/b/o grandchild
Common Stock, $0.01 Par Value	200	Indirect	As trustee for trust for the trust f/b/o grandchild
Common Stock, $0.01 Par Value	200	Indirect	As trustee for trust for the trust f/b/o grandchild
Common Stock, $0.01 Par Value	200	Indirect	As trustee for trust for the trust f/b/o grandchild

Footnotes

These shares are held by Judith Yanover, Mr. Yanover's spouse.
Mr. Yanover is the trustee for the trust for the benefit of his grandchild that does not share the reporting person's household. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or any other purpose.
2,545 shares previously reported as indirectly beneficially owned by a Grantor Retained Annuity Trust ("GRAT") were transferred to a directly benefically owned account under the structure of the GRAT.