SEC Form 4 · accession 0001097815-16-000034
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Limin Hu
Officer — EVP, CTO
Period of report
Mar 29, 2016
Accepted (ET)
Mar 30, 2016 · 7:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001122388
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Mar 29, 2016 | S | 700 | $83.8829 | D | 209,787 | D | |
| Common StockF1,F2,F4 | Mar 29, 2016 | S | 550 | $84.7091 | D | 209,237 | D | |
| Common StockF1,F2,F5 | Mar 29, 2016 | S | 500 | $85.902 | D | 208,737 | D | |
| Common StockF1,F2,F6 | Mar 29, 2016 | S | 738 | $87.0923 | D | 207,999 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F2Reflects shares of common stock issued and sold in connection with the Compensation Committee of the Board of Directors certification on February 25, 2016 of the achievement of performance goals under the 2015 performance share awards. 25% of the total shares awarded were issued as fully vested shares on or about March 25, 2016. An additional 25% of the total shares awarded will vest on each of February 25, 2017, February 25, 2018 and February 25, 2019, subject to continuous service through such dates.
- F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $83.4700 to $84.3800, inclusive. The reporting person undertakes to provide to Ellie Mae, Inc., any security holder of Ellie Mae, Inc.., 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 this Form 4.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $84.5400 to $85.0200, inclusive. The reporting person undertakes to provide to Ellie Mae, Inc., any security holder of Ellie Mae, Inc.., 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 this Form 4.
- F5The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $85.6400 to $86.1400, inclusive. The reporting person undertakes to provide to Ellie Mae, Inc., any security holder of Ellie Mae, Inc.., 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 this Form 4.
- F6The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $86.8300 to $87.4600, inclusive. The reporting person undertakes to provide to Ellie Mae, Inc., any security holder of Ellie Mae, Inc.., 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 this Form 4.