SEC Form 4 · accession 0001513908-15-000008

ELLIE MAE INC · ELLI

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

Reporting owner

Sigmund Anderman

Officer — Founder and Chairman · Director

Period of report

Feb 13, 2015

Accepted (ET)

Feb 18, 2015 · 9:12 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,F3	Feb 18, 2015	S	4,334	$50.9651	D	171,916	D
Common Stock^F1,F2,F4	Feb 18, 2015	S	1,916	$51.5551	D	170,000	D
Common Stock^F1,F5	Feb 13, 2015	S	4,702	$51.1836	D	250,135	I	by Trust
Common Stock^F1,F6	Feb 13, 2015	S	3,094	$52.485	D	247,041	I	by Trust
Common Stock^F1,F7	Feb 17, 2015	S	42,104	$51.6093	D	204,937	I	by Trust
Common Stock^F1	Feb 17, 2015	S	100	$52.02	D	204,837	I	by Trust
Common Stock^F8	holding	—	—		—	100,000	I	Sig GRAT 2014
Common Stock^F9	holding	—	—		—	100,000	I	Susan GRAT 2014
Common Stock	holding	—	—		—	10,000	I	by 401(k) Plan

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2The reported shares represent 25% of the 2/5/14 RSU grant which vested on 2/15/15; the remaining 75% of the RSUs granted will vest in equal annual installments thereafter, until such time as the RSUs are 100% vested.
F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $50.38 to $51.30, 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 footnote (3) to this Form 4.
F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $51.43 to $51.7564, 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 footnote (4) to this Form 4.
F5The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $51.00 to $51.99, 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 footnote (7) to this Form 4.
F6The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $52.05 to $53.00, 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 footnote (8) to this Form 4.
F7The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $51.02 to $52.0107, 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 footnote (9) to this Form 4.
F8The shares are directly held by Sigmund Anderman TTEE Sigmund Anderman 2014 GRAT U/A DTD 12/12/2014.
F9The shares are directly held by Susan Anderman TTEE Susan Anderman 2014 GRAT U/A DTD 12/12/2014.