SEC Form 4 · accession 0001513905-19-000014
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sigmund Anderman
Director
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 9:16 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 | Mar 1, 2019 | A | 1,624 | $0.00 | A | 5,809 | D | |
| Common StockF2 | Mar 1, 2019 | F | 165 | $99.52 | D | 5,644 | D | |
| Common StockF3,F4 | Mar 4, 2019 | S | 310 | $99.2677 | D | 5,334 | D | |
| Common Stock | holding | — | — | — | 10,000 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 68,906 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Constitutes shares to be issued following the Compensation Committee of the Board of Directors certification on March 1, 2019 of the achievement of performance goals under 2018 performance share awards. Shares of common stock will be issued on or about April 1, 2019 with 25% of the shares vesting on each of the date of issuance, March 1, 2020, March 1, 2021 and March 1, 2022, subject to continuous service through such dates.
- F2Represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock. The amount of shares withheld is based on the closing price of ELLI on March 1, 2019.
- 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 $99.2000 to $99.4100, 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.