SEC Form 4 · accession 0001513908-18-000002
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
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 7:48 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,F2 | Jan 2, 2018 | F | 17,234 | $90.57 | D | 81,087 | D | |
| Common StockF3,F4 | Jan 3, 2018 | S | 17,113 | $88.7457 | D | 63,974 | D | |
| Common StockF3,F5 | Jan 3, 2018 | S | 1,613 | $89.3496 | D | 62,361 | D | |
| Common Stock | holding | — | — | — | 10,000 | I | by 401(k) Plan | |
| Common Stock | holding | — | — | — | 143,906 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of performance restricted stock units was completed pursuant to the Rule 10b5-1 trading plan adopted by Sigmund Anderman.
- F2Represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of performance restricted stock units. The amount of shares withheld is based on the closing price of ELLI on January 2, 2018.
- F3The sale of these performance restricted stock units was completed pursuant to the Rule 10b5-1 trading plan adopted by Sigmund Anderman.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $88.1700 to $89.1600, 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 $89.1800 to $89.5400, 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.