SEC Form 4 · accession 0001637360-17-000018
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
May 24, 2017
Accepted (ET)
May 26, 2017 · 5:45 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 | May 24, 2017 | M | 1,062 | $55.30 | A | 47,311 | D | |
| Common StockF1,F2 | May 24, 2017 | S | 1,062 | $109.0919 | D | 46,249 | D | |
| Common StockF1 | May 24, 2017 | M | 996 | $25.30 | A | 47,245 | D | |
| Common StockF1,F2 | May 24, 2017 | S | 996 | $109.0919 | D | 46,249 | D | |
| Common StockF1 | May 24, 2017 | M | 1,193 | $24.39 | A | 47,442 | D | |
| Common StockF1,F2 | May 24, 2017 | S | 1,193 | $109.0919 | D | 46,249 | 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,F4,F3 | $24.39 | May 24, 2017 | M | 1,193 | D | — | May 3, 2023 | Common Stock | 1,193 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1,F4,F3 | $25.30 | May 24, 2017 | M | 996 | D | — | May 6, 2024 | Common Stock | 996 | 2,390 | D |
| Non-Qualified Stock Option (right to buy)F1,F4,F3 | $55.30 | May 24, 2017 | M | 1,062 | D | — | Mar 23, 2025 | Common Stock | 1,062 | 4,674 | D |
Explanation of responses
- F1The exercise of these stock options was completed 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 $108.7700 to $109.4200, 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.
- 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.