SEC Form 4 · accession 0001637313-17-000002
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph P. Tyrrell
Officer — EVP, Corporate Strategy
Period of report
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 6:50 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 15, 2017 | A | 5,811 | $0.00 | A | 38,095 | D | |
| Common StockF2,F3,F4 | Feb 16, 2017 | S | 1,173 | $93.22 | D | 36,922 | D | |
| Common StockF2,F3,F5 | Feb 16, 2017 | S | 552 | $93.9034 | D | 36,370 | D | |
| Common StockF2,F3,F6 | Feb 16, 2017 | S | 700 | $93.1629 | D | 35,670 | D | |
| Common StockF2,F3,F7,F8 | Feb 16, 2017 | S | 506 | $93.8634 | D | 35,164 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares are represented by restricted stock units which vest in four equal annual installments beginning on 2/15/2018.
- F2The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F3The reported shares represent 25% of RSU grants which vested on 2/15/17; the remaining RSUs granted will vest in equal annual installments thereafter, until such time as the RSUs are 100% vested.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $92.7700 to $93.6900, 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 Form 4.
- F5The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $93.8100 to $93.9600, 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 Form 4.
- F6The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $92.7700 to $93.5400, 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 Form 4.
- F7The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $93.8000 to $93.9600, 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 Form 4.
- F8The directly owned common stock holdings reflected in Table 1, Column 5 of this form include shares purchased through the Ellie Mae, Inc. Employee Stock Purchase Plan. 88 shares were acquired on August 31, 2015.