SEC Form 4 · accession 0001513963-15-000003
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Schultz
Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 19, 2015 · 7:53 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 18, 2015 | M | 8,000 | $26.69 | A | 8,000 | D | |
| Common StockF2 | Feb 18, 2015 | S | 8,000 | $50.8713 | D | 0 | D | |
| Common StockF1 | Feb 18, 2015 | M | 7,550 | $22.20 | A | 7,550 | D | |
| Common StockF2 | Feb 18, 2015 | S | 7,550 | $50.8713 | D | 0 | 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,F3 | $22.20 | Feb 18, 2015 | M | 7,550 | D | — | May 29, 2023 | Common Stock | 7,550 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1,F3 | $26.69 | Feb 18, 2015 | M | 8,000 | D | — | May 21, 2024 | Common Stock | 8,000 | 4,000 | D |
Explanation of responses
- F1The 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.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $50.25 to $51.20, 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 (2) to this Form 4.
- F3100% of the shares subject to the option are fully vested and exercisable.