SEC Form 4 · accession 0001513905-18-000006
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 21, 2018
Accepted (ET)
Feb 23, 2018 · 9:47 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 StockF1 | Feb 21, 2018 | A | 26,821 | $0.00 | A | 121,785 | D | |
| Common StockF2 | Feb 22, 2018 | F | 6,635 | $91.47 | D | 115,150 | D | |
| Common StockF3,F4 | Feb 23, 2018 | S | 3,350 | $90.97 | D | 111,800 | D | |
| Common StockF3,F5 | Feb 23, 2018 | S | 3,397 | $91.49 | D | 108,403 | D | |
| Common Stock | holding | — | — | — | 79,347 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares are represented by restricted stock units which vest in four equal annual installments beginning on 2/15/2019.
- F2Represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units. The amount of shares withheld is based on the closing price of ELLI on February 22, 2018.
- F3The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $90.3100 to $91.2800, 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 $91.3200 to $91.7850, 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.