SEC Form 4 · accession 0001637360-19-000002
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
Dec 28, 2018
Accepted (ET)
Jan 2, 2019 · 7:28 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 | Dec 28, 2018 | M | 2,549 | $55.30 | A | 44,338 | D | |
| Common StockF1 | Dec 28, 2018 | S | 2,549 | $64.00 | D | 41,789 | 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,F3,F2 | $55.30 | Dec 28, 2018 | M | 2,549 | D | — | Mar 23, 2025 | Common Stock | 2,549 | 544 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F225% of the stock option shares vest on one year anniversary of grant date, 1/48th of the total shares vest monthly thereafter.
- F3The 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.