SEC Form 4 · accession 0001513957-15-000007
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan S. Henricks
Director
Period of report
May 18, 2015
Accepted (ET)
May 19, 2015 · 5:53 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 18, 2015 | M | 7,000 | $26.69 | A | 7,000 | D | |
| Common StockF1 | May 18, 2015 | S | 7,000 | $63.1928 | D | 0 | D | |
| Common StockF2 | May 18, 2015 | S | 5,000 | $63.2054 | D | 700 | I | by Trust |
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)F4,F3 | $26.69 | May 18, 2015 | M | 7,000 | D | — | May 21, 2024 | Common Stock | 7,000 | 1,000 | D |
Explanation of responses
- F1The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $63.03 to $63.355, 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 to this Form 4.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $63.17 to $63.255, 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 to this Form 4.
- F3Option vests with respect to 1/12th of the shares on each monthly anniversary of the date of grant of option, such that the option will be fully vested and exercisable on May 21, 2015.
- F4The 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.