SEC Form 4 · accession 0001513905-15-000027

ELLIE MAE INC · ELLI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Jonathan Corr

Officer — President & CEO · Director

Period of report

Aug 20, 2015

Accepted (ET)

Aug 21, 2015 · 7:36 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^F1	Aug 20, 2015	M	1,386	$5.45	A	85,355	D
Common Stock^F1,F2	Aug 20, 2015	S	1,386	$78.3536	D	83,969	D
Common Stock^F1	Aug 20, 2015	M	1,371	$5.45	A	85,340	D
Common Stock^F1,F3	Aug 20, 2015	S	1,371	$79.8505	D	83,969	D
Common Stock^F1	Aug 20, 2015	M	743	$8.85	A	84,712	D
Common Stock^F1,F3	Aug 20, 2015	S	743	$79.8505	D	83,969	D
Common Stock^F1	Aug 20, 2015	M	3,350	$8.85	A	87,319	D
Common Stock^F1,F4	Aug 20, 2015	S	3,350	$80.4971	D	83,969	D
Common Stock	holding	—	—		—	70,341	I	by Trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F1,F6,F5	$5.45	Aug 20, 2015	M	1,386	D	—	Dec 19, 2021	Common Stock	1,386	12,397	D
Non-Qualified Stock Option (right to buy)^F1,F6,F5	$5.45	Aug 20, 2015	M	1,371	D	—	Dec 19, 2021	Common Stock	1,371	11,026	D
Non-Qualified Stock Option (right to buy)^F1,F6,F7	$8.85	Aug 20, 2015	M	743	D	—	Aug 26, 2020	Common Stock	743	19,933	D
Non-Qualified Stock Option (right to buy)^F1,F6,F7	$8.85	Aug 20, 2015	M	3,350	D	—	Aug 26, 2020	Common Stock	3,350	16,583	D

Explanation of responses

F1The exercise of these stock options was completed pursuant to the Rule 10b5-1 trading plan.
F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $78.0400 to $79.0000, 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.
F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $79.1100 to $80.1000, 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.
F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $80.1700 to $81.0000, 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.
F5Option vests with respect to 25% of the shares subject thereto on December 19, 2012, with 1/48th of the shares vesting monthly thereafter, such that the option will be fully vested and exercisable on December 19, 2015.
F6The reported transaction is a grant of a derivative security, in which we have left column 8 blank, and have reported the exercise or conversion price of the derivative security in column 2.
F7100% of the shares subject to the option are fully vested and exercisable.