Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
BERKELEY RICHARD M
  2. Issuer Name and Ticker or Trading Symbol
WAGEWORKS, INC. [WAGE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
See remarks
(Last)
(First)
(Middle)
C/O CAMDEN PARTNERS HOLDINGS, LLC, 500 EAST PRATT STREET SUITE 1200
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2013
(Street)

BALTIMORE, MD 21202
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $ 24.87 04/16/2013   A   10,000     (1) 04/16/2023 Common Stock 10,000 $ 0 10,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BERKELEY RICHARD M
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
  X     See remarks
Camden Partners Strategic Manager, LLC
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
Camden Partners Strategic III, LLC
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
CAMDEN PARTNERS STRATEGIC II LLC
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
CAMDEN PARTNERS STRATEGIC FUND III LP
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
CAMDEN PARTNERS STRATEGIC FUND III-A LP
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
CAMDEN PARTNERS STRATEGIC FUND II A LP
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
CAMDEN PARTNERS STRATEGIC FUND II B LP
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
WARNOCK DAVID L
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks
HUGHES DONALD W
C/O CAMDEN PARTNERS HOLDINGS, LLC
500 EAST PRATT STREET SUITE 1200
BALTIMORE, MD 21202
      See remarks

Signatures

 /s/ Donald W. Hughes, Attorney-in-Fact for Richard M. Berkeley   04/18/2013
**Signature of Reporting Person Date

 /s/ By Camden Partners Strategic Manager, LLC, By Donald W. Hughes, Managing Member   04/18/2013
**Signature of Reporting Person Date

 /s/ By Camden Partners Strategic III, LLC, By Camden Partners Strategic Manager, LLC, By Donald W. Hughes, Managing Member   04/18/2013
**Signature of Reporting Person Date

 /s/ By Camden Partners Strategic II, LLC, By Donald W. Hughes, Managing Member   04/18/2013
**Signature of Reporting Person Date

 /s/ By Camden Partners Strategic Fund III, LP, By Camden Partners Strategic III, LLC, By Camden Partners Strategic Manager, LLC, By Donald W. Hughes, Managing Member   04/18/2013
**Signature of Reporting Person Date

 /s/ By Camden Partners Strategic Fund III-A, LP, By Camden Partners Strategic III, LLC, By Camden Partners Strategic Manager, LLC, By Donald W. Hughes, Managing Member   04/18/2013
**Signature of Reporting Person Date

 /s/ By Camden Partners Strategic Fund II-A, LP, By Camden Partners Strategic II, LLC, By Donald W. Hughes, Managing Member   04/18/2013
**Signature of Reporting Person Date

 /s/ By Camden Partners Strategic Fund II-B, LP, By Camden Partners Strategic II, LLC, By Donald W. Hughes, Managing Member   04/18/2013
**Signature of Reporting Person Date

 /s/ Donald W. Hughes, Attorney-in-Fact for David L. Warnock   04/18/2013
**Signature of Reporting Person Date

 /s/ Donald W. Hughes   04/18/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The option vests in twelve monthly installments beginning on April 16, 2013.
 
Remarks:
This Form 4 is being filed jointly by Camden Partners Strategic Manager, LLC ("CPSM"), Camden Partners Strategic III, LLC ("CPS III"), Camden Partners Strategic II, LLC ("CPS II"), Camden Partners Strategic Fund III, LP ("Fund III"), Camden Partners Strategic Fund III-A, LP ("Fund III-A"), Camden Partners Strategic Fund II-A, LP ("Fund II-A") and Camden Partners Strategic Fund II-B, LP ("Fund II-B") and Messrs. David L. Warnock, Donald W. Hughes and Richard M. Berkeley (collectively, the "Managing Members" and together with CPSM, CPS III, CPS II, Fund III, Fund III-A, Fund II-A and Fund II-B, the "Reporting Persons"). The Managing Members are the managing members of CPSM, which is the managing member of CPS III. CPS III is the general partner of Fund III and Fund III-A. CPS II is the general partner of Fund II-A and Fund II-B. Mr. Berkeley is a director of the Issuer.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.