SEC Form 4 · accession 0001646765-17-000008
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Hirsch
Officer — EVP, Technology & Operations
Period of report
Aug 16, 2017
Accepted (ET)
Aug 17, 2017 · 7:09 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,F3 | Aug 16, 2017 | S | 1,817 | $84.2992 | D | 24,972 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F2The reported shares represent 25% of RSU grants which vested on 8/15/17; the remaining RSUs granted will vest in equal annual installments thereafter, until such times as the RSUs are 100% vested.
- F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $83.9900 to $84.6400, 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.