SEC Form 4 · accession 0001209191-16-136687
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
Jul 8, 2016
Accepted (ET)
Aug 11, 2016 · 8:14 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 Stock | Jul 8, 2016 | G | 163,097 | $0.00 | D | 55,638 | D | |
| Common Stock | Jul 8, 2016 | G | 163,097 | $0.00 | A | 163,097 | I | By trust |
| Common StockF2,F3,F4 | Aug 9, 2016 | S | 22,000 | $96.798 | D | 33,638 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person transferred 163,097 shares of common stock to Limin Hu, Trustee, Limin Hu Family Living Trust U/A/D 07/16/2014.
- F2The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F3Reflects shares of common stock issued and sold in connection with the Compensation Committee of the Board of Directors certification on August 20, 2013 of the achievement of performance goals under the 2012 performance share awards. 25% of the total shares awarded were issued as fully vested shares on or about September 6, 2013. An additional 25% of the total shares awarded vested on each of August 6, 2014, August 6, 2015, and August 6, 2016, subject to continuous service through such dates.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $96.36 to $97.10, 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 footnote.