SEC Form 4 · accession 0001513935-15-000023

ELLIE MAE INC · ELLI

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

Reporting owner

Edgar Luce

Officer — Chief Financial Officer

Period of report

Jun 1, 2015

Accepted (ET)

Jun 3, 2015 · 8:54 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
Common Stock^F1	Jun 1, 2015	M	1,400	$1.38	A	87,299	D
Common Stock^F1,F2	Jun 1, 2015	S	1,400	$62.9823	D	85,899	D
Common Stock^F1	Jun 1, 2015	M	2,700	$1.38	A	88,599	D
Common Stock^F1,F3	Jun 1, 2015	S	2,700	$64.0571	D	85,899	D
Common Stock^F1	Jun 1, 2015	M	681	$1.38	A	86,580	D
Common Stock^F1,F4	Jun 1, 2015	S	681	$64.9044	D	85,899	D
Common Stock^F1	Jun 1, 2015	M	219	$8.85	A	86,118	D
Common Stock^F1,F4	Jun 1, 2015	S	219	$64.9044	D	85,899	D

Table II — derivative securities

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)^F1,F6,F5	$1.38	Jun 1, 2015	M	1,400	D	—	Aug 23, 2017	Common Stock	1,400	3,381	D
Non-Qualified Stock Option (right to buy)^F1,F6,F5	$1.38	Jun 1, 2015	M	2,700	D	—	Aug 23, 2017	Common Stock	2,700	681	D
Non-Qualified Stock Option (right to buy)^F1,F6,F5	$1.38	Jun 1, 2015	M	681	D	—	Aug 23, 2017	Common Stock	681	0	D
Non-Qualified Stock Option (right to buy)^F1,F6,F5	$8.85	Jun 1, 2015	M	219	D	—	Aug 26, 2020	Common Stock	219	23,469	D

Explanation of responses

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 $62.50 to $63.33, 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.
F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $63.52 to $64.51, 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.
F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $64.65 to $65.26, 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.
F5100% of the shares subject to the option are fully vested and exercisable.
F6The 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.