SEC Form 4 · accession 0001665981-19-000006
ELLIE MAE INC · ELLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian E. Brown
Officer — EVP and General Counsel
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 6:19 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 | Mar 1, 2019 | A | 7,598 | $0.00 | A | 26,660 | D | |
| Common StockF2,F3 | Mar 1, 2019 | S | 235 | $99.52 | D | 26,425 | D | |
| Common StockF4 | Mar 1, 2019 | F | 246 | $99.52 | D | 26,179 | D | |
| Common StockF2 | Mar 4, 2019 | S | 465 | $99.50 | D | 25,714 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Constitutes shares to be issued following the Compensation Committee of the Board of Directors certification on March 1, 2019 of the achievement of performance goals under 2018 performance share awards. Shares of common stock will be issued on or about April 1, 2019 with 25% of the shares vesting on each of the date of issuance, March 1, 2020, March 1, 2021 and March 1, 2022, subject to continuous service through such dates.
- F2The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- F3Represents shares acquired by the Reporting Person on February 28, 2019 under the Issuer's employee stock purchase plan in a transaction exempt from the reporting requirements under Section 16(a).
- F4Represents shares of common stock withheld by the Issuer in payment of the withholding tax liability incurred upon the vesting of restricted stock. The amount of shares withheld is based on the closing price of ELLI on March 1, 2019.