SEC Form 4 · accession 0001513935-16-000043
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
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 7:12 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 1, 2016 | M | 4,000 | $5.02 | A | 68,052 | D | |
| Common StockF1,F2 | Feb 1, 2016 | S | 4,000 | $69.457 | D | 64,052 | D | |
| Common StockF1 | Feb 1, 2016 | M | 1,000 | $5.02 | A | 65,052 | D | |
| Common StockF1,F3 | Feb 1, 2016 | S | 1,000 | $70.381 | D | 64,052 | 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,F5,F4 | $5.02 | Feb 1, 2016 | M | 4,000 | D | — | Aug 17, 2021 | Common Stock | 4,000 | 26,004 | D |
| Non-Qualified Stock Option (right to buy)F1,F5,F4 | $5.02 | Feb 1, 2016 | M | 1,000 | D | — | Aug 17, 2021 | Common Stock | 1,000 | 25,004 | D |
Explanation of responses
- F1The exercise of these stock options was completed pursuant to the reporting person's Rule 10b5-1 trading plan.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $69.0500 to $69.9000, 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 $70.3200 to $70.4300, 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.
- 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.