SEC Form 4 · accession 0001637360-18-000002
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
Jan 10, 2018
Accepted (ET)
Jan 12, 2018 · 7:47 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 | Jan 10, 2018 | M | 13,164 | $8.90 | A | 56,313 | D | |
| Common StockF2,F3 | Jan 12, 2018 | S | 1,400 | $95.114 | D | 54,913 | D | |
| Common StockF2,F4 | Jan 12, 2018 | S | 11,600 | $95.6102 | D | 43,313 | 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)F1,F6,F5 | $8.90 | Jan 10, 2018 | M | 13,164 | D | — | Feb 27, 2022 | Common Stock | 13,164 | 0 | D |
Explanation of responses
- F1The exercise of these stock options was completed pursuant to the reporting person's Rule 10b5-1 trading plan.
- F2The exercise and sale of these stock options was completed pursuant to the Rule 10b5-1 trading plan adopted by Cathleen Schreiner Gates.
- F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $94.3700 to $95.3500, 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 footnote.
- F4The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $95.3800 to $95.8800, 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 footnote.
- F5100% of the shares subject to the option are fully vested and exercisable.
- F6The 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.