SEC Form 4 · accession 0001637360-16-000057
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gates Cathleen Schreiner
Officer — EVP, Sales & Marketing
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 7:51 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 StockF1,F2 | Aug 1, 2016 | S | 675 | $92.2866 | D | 26,369 | D | |
| Common StockF3 | Aug 3, 2016 | M | 300 | $8.90 | A | 26,669 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F3,F5,F4 | $8.90 | Aug 3, 2016 | M | 300 | D | — | Feb 27, 2022 | Common Stock | 300 | 28,364 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected 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 $92.2000 to $92.7845, 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.
- F3The exercise of these stock options was completed pursuant to the reporting person's Rule 10b5-1 trading plan.
- 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.