SEC Form 4 · accession 0001513908-16-000054
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sigmund Anderman
Officer — Founder & Executive Chairman · Director
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 8:27 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 25, 2016 | A | 74,406 | $0.00 | A | 205,031 | D | |
| Common StockF1 | Feb 25, 2016 | A | 69,428 | $0.00 | A | 274,459 | D | |
| Common StockF2,F3 | Feb 26, 2016 | S | 5,224 | $83.7075 | D | 269,235 | D | |
| Common StockF2,F4 | Feb 26, 2016 | S | 29,136 | $84.7647 | D | 240,099 | D | |
| Common StockF2,F5 | Feb 26, 2016 | S | 1,600 | $85.5513 | D | 238,499 | D | |
| Common StockF6 | holding | — | — | — | 71,953 | I | Sig GRAT 2014 | |
| Common StockF7 | holding | — | — | — | 71,953 | I | Susan GRAT 2014 | |
| Common Stock | holding | — | — | — | 10,000 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 93,431 | 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 February 25, 2016 of the achievement of 2015 corporate goals. 25% of the shares of common stock were issued on February 25, 2016. An additional 25% of the shares will vest on each of the date of issuance, December 31, 2016, December 31, 2017 and December 31, 2018, subject to continuous services through such dates.
- F2The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $83.0900 to $84.0700, 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 Form 4.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $84.0900 to $85.0500, 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 Form 4.
- F5The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $85.2100 to $86.1700, 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 Form 4.
- F6The shares are directly held by Sigmund Anderman TTEE Sigmund Anderman 2014 GRAT U/A DTD 12/12/2014.
- F7The shares are directly held by Susan Anderman TTEE Susan Anderman 2014 GRAT U/A DTD 12/12/2014.