SEC Form 4 · accession 0001513905-18-000003

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

Feb 12, 2018

Accepted (ET)

Feb 14, 2018 · 5:59 pm EST

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,F2	Feb 12, 2018	M	173	$46.24	A	114,506	D
Common Stock^F1,F3	Feb 12, 2018	S	173	$89.1988	D	114,333	D
Common Stock^F1,F2	Feb 12, 2018	M	156	$46.24	A	114,489	D
Common Stock^F1,F4	Feb 12, 2018	S	156	$86.6433	D	114,333	D
Common Stock^F1,F2	Feb 12, 2018	M	260	$46.24	A	114,593	D
Common Stock^F1,F5	Feb 12, 2018	S	260	$85.5022	D	114,333	D
Common Stock^F1,F2	Feb 12, 2018	M	159	$24.93	A	114,492	D
Common Stock^F1,F3	Feb 12, 2018	S	159	$89.1988	D	114,333	D
Common Stock^F1,F2	Feb 12, 2018	M	144	$24.93	A	114,477	D
Common Stock^F1,F4	Feb 12, 2018	S	144	$86.6433	D	114,333	D
Common Stock^F1,F2	Feb 12, 2018	M	240	$24.93	A	114,573	D
Common Stock^F1,F5	Feb 12, 2018	S	240	$85.5022	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,F2,F6	$24.93	Feb 12, 2018	M	159	D	—	Feb 5, 2024	Common Stock	159	757	D
Non-Qualified Stock Option (right to buy)^F1,F2,F6	$24.93	Feb 12, 2018	M	144	D	—	Feb 5, 2024	Common Stock	144	613	D
Non-Qualified Stock Option (right to buy)^F1,F2,F6	$24.93	Feb 12, 2018	M	240	D	—	Feb 5, 2024	Common Stock	240	373	D
Non-Qualified Stock Option (right to buy)^F1,F2,F7	$46.24	Feb 12, 2018	M	173	D	—	Feb 11, 2025	Common Stock	173	7,487	D
Non-Qualified Stock Option (right to buy)^F1,F2,F7	$46.24	Feb 12, 2018	M	156	D	—	Feb 11, 2025	Common Stock	156	7,331	D
Non-Qualified Stock Option (right to buy)^F1,F2,F7	$46.24	Feb 12, 2018	M	260	D	—	Feb 11, 2025	Common Stock	260	7,071	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 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.
F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $89.0000 to $89.3000, 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 $86.4600 to $87.0000, 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.
F5The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $85.0000 to $86.0000, 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.
F6Option 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.
F7Option 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.