SEC Form 4 · accession 0001513908-18-000004
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 15, 2018
Accepted (ET)
Feb 20, 2018 · 8:54 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 15, 2018 | F | 3,099 | $89.76 | D | 59,262 | D | |
| Common StockF2,F3 | Feb 16, 2018 | S | 640 | $89.2681 | D | 58,622 | D | |
| Common StockF2,F4 | Feb 16, 2018 | S | 2,211 | $90.5739 | D | 56,411 | D | |
| Common StockF2,F5 | Feb 16, 2018 | S | 300 | $91.01 | D | 56,111 | 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
- F1Represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock units. The amount of shares withheld is based on the closing price of ELLI on February 15, 2018.
- 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 $88.9300 to $89.7200, 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.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $89.9700 to $90.8900, 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 $90.9900 to $91.0400, 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.