SEC Form 4 · accession 0001665981-16-000006
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian E. Brown
Officer — VP, Legal Affairs
Period of report
Feb 16, 2016
Accepted (ET)
Feb 19, 2016 · 6:50 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 Stock | Feb 16, 2016 | F | 183 | $75.40 | D | 7,739 | D | |
| Common StockF1 | Feb 17, 2016 | S | 234 | $75.67 | D | 7,505 | D | |
| Common Stock | Feb 19, 2016 | M | 203 | $29.96 | A | 7,708 | D | |
| Common Stock | Feb 19, 2016 | S | 203 | $80.8855 | D | 7,505 | 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)F3,F2 | $29.96 | Feb 19, 2016 | M | 203 | D | — | Feb 18, 2024 | Common Stock | 203 | 1,621 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F2Option vests with respect to 25% of the shares subject thereto on February 18, 2015, with 1/48th of the shares vesting monthly thereafter, such that the option will be fully vested and exercisable on February 18, 2018.
- 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.