SEC Form 4 · accession 0001637360-15-000009

ELLIE MAE INC · ELLI

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

Reporting owner

Officer — EVP, Sales & Marketing

Period of report

Apr 1, 2015

Accepted (ET)

Apr 2, 2015 · 8:29 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	Apr 1, 2015	M	5,247	$24.39	A	21,401	D
Common Stock^F1,F2	Apr 1, 2015	S	5,247	$55.1145	D	16,154	D
Common Stock^F1	Apr 1, 2015	M	1,562	$8.90	A	17,716	D
Common Stock^F1,F2	Apr 1, 2015	S	1,562	$55.1145	D	16,154	D

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,F4,F3	$8.90	Apr 1, 2015	M	1,562	D	—	Feb 27, 2022	Common Stock	1,562	949	D
Non-Qualified Stock Option (right to buy)^F1,F4,F3	$24.39	Apr 1, 2015	M	5,247	D	—	May 3, 2023	Common Stock	5,247	6,202	D

F1The exercise and sale of these stock options was completed pursuant to the Rule 10b5-1 trading plan adopted by Cathleen Schreiner Gates.
F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $54.61 to $55.525, 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.
F325% of the stock option shares vest on one year anniversary of grant date, 1/48th of the total shares vest monthly thereafter.
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.