SEC Form 4 · accession 0001513935-15-000011

ELLIE MAE INC · ELLI

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

Reporting owner

Officer — Chief Financial Officer

Period of report

Mar 2, 2015

Accepted (ET)

Mar 3, 2015 · 5:37 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	Mar 2, 2015	M	5,000	$1.38	A	81,460	D
Common Stock^F1,F2,F3	Mar 2, 2015	S	5,000	$52.9489	D	76,460	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F2,F5,F4	$1.38	Mar 2, 2015	M	5,000	D	—	Feb 22, 2017	Common Stock	5,000	9,226	D

F1The exercise and sale of these stock options was completed pursuant to the Rule 10b5-1 trading plan adopted by Edgar A. Luce.
F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $52.9 to $53.095, 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.
F3Includes 523 shares acquired by the Reporting Person on February 27, 2015 under the Issuer's employee stock purchase plan in a transaction exempt from the reporting requirements under Section 16(a).
F4100% of the shares subject to the option are fully vested and exercisable.
F5The reported transaction is a grant of a derivative security, in which we have left column 8 blank, and have reported the exercise or conversion price of the derivative security in column 2.