SEC Form 4 · accession 0001513905-17-000024

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

Jul 7, 2017

Accepted (ET)

Jul 11, 2017 · 4:57 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	Jul 7, 2017	M	1,132	$46.24	A	115,465	D
Common Stock^F1,F2	Jul 7, 2017	S	1,132	$108.3362	D	114,333	D
Common Stock^F1	Jul 7, 2017	M	537	$46.24	A	114,870	D
Common Stock^F1,F3	Jul 7, 2017	S	537	$107.5371	D	114,333	D
Common Stock^F1	Jul 7, 2017	M	368	$24.93	A	114,701	D
Common Stock^F1,F2	Jul 7, 2017	S	368	$108.3362	D	114,333	D
Common Stock^F1	Jul 7, 2017	M	174	$24.93	A	114,507	D
Common Stock^F1,F3	Jul 7, 2017	S	174	$107.5371	D	114,333	D
Common Stock	holding	—	—		—	79,347	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,F5,F4	$24.93	Jul 7, 2017	M	368	D	—	Feb 5, 2024	Common Stock	368	4,340	D
Non-Qualified Stock Option (right to buy)^F1,F5,F4	$24.93	Jul 7, 2017	M	174	D	—	Feb 5, 2024	Common Stock	174	4,166	D
Non-Qualified Stock Option (right to buy)^F1,F5,F6	$46.24	Jul 7, 2017	M	1,132	D	—	Feb 11, 2025	Common Stock	1,132	17,133	D
Non-Qualified Stock Option (right to buy)^F1,F5,F6	$46.24	Jul 7, 2017	M	537	D	—	Feb 11, 2025	Common Stock	537	16,596	D

Explanation of responses

F1The exercise and sale of these stock options was completed pursuant to the Rule 10b5-1 trading plan adopted by Jonathan H. Corr.
F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $108.1400 to $108.5000, 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.
F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $107.0800 to $107.9700, 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.
F4Option vests with respect to 25% of the shares subject thereto on February 5, 2015, with 1/48th of the shares vesting monthly thereafter, such that the option will be fully vested and exercisable on February 5, 2018.
F5The 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.
F6Option vests with respect to 25% of the shares subject thereto on February 11, 2016, with 1/48th of the shares vesting monthly thereafter, such that the option will be fully vested and exercisable on February 11, 2019.