SEC Form 4 · accession 0001513908-15-000014
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
Apr 7, 2015
Accepted (ET)
Apr 8, 2015 · 8:19 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 StockF1,F2,F3 | Apr 7, 2015 | S | 9,485 | $57.1224 | D | 194,265 | D | |
| Common StockF1,F2,F4 | Apr 7, 2015 | S | 2,390 | $57.7975 | D | 191,875 | D | |
| Common StockF5 | holding | — | — | — | 100,000 | I | Sig GRAT 2014 | |
| Common StockF6 | holding | — | — | — | 100,000 | I | Susan GRAT 2014 | |
| Common Stock | holding | — | — | — | 10,000 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 204,837 | I | by Trust |
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.
- F2Reflects shares of common stock issued and sold in connection with the Compensation Committee of the Board of Directors certification on March 6, 2015 of the achievement of performance goals under the 2014 performance share awards. 25% of the total shares awarded were issued as fully vested shares on or about April 6, 2015. An additional 25% of the total shares awarded will vest on each of March 6, 2016, March 6, 2017, March 6, 2018, subject to continuous service through such dates.
- F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $56.69 to $57.67, 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 $57.70 to $57.96, 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 shares are directly held by Sigmund Anderman TTEE Sigmund Anderman 2014 GRAT U/A DTD 12/12/2014.
- F6The shares are directly held by Susan Anderman TTEE Susan Anderman 2014 GRAT U/A DTD 12/12/2014.