SEC Form 4 · accession 0001742783-18-000006

ELLIE MAE INC · ELLI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Matthew LaVay

Officer — EVP and CFO

Period of report

Jun 5, 2018

Accepted (ET)

Jun 7, 2018 · 9:13 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
Common Stock	Jun 5, 2018	M	6,759	$15.57	A	23,505	D
Common Stock	Jun 5, 2018	M	1,991	$15.57	A	25,496	D
Common Stock	Jun 5, 2018	M	3,217	$24.39	A	28,713	D
Common Stock	Jun 5, 2018	M	947	$24.39	A	29,660	D
Common Stock	Jun 5, 2018	M	3,249	$25.30	A	32,909	D
Common Stock	Jun 5, 2018	M	957	$25.30	A	33,866	D
Common Stock	Jun 5, 2018	M	1,728	$39.73	A	35,594	D
Common Stock	Jun 5, 2018	M	509	$39.73	A	36,103	D
Common Stock	Jun 5, 2018	M	744	$61.46	A	36,847	D
Common Stock	Jun 5, 2018	M	219	$61.46	A	37,066	D
Common Stock^F1	Jun 5, 2018	S	6,759	$107.6577	D	30,307	D
Common Stock^F1	Jun 5, 2018	S	3,217	$107.6577	D	27,090	D
Common Stock^F1	Jun 5, 2018	S	3,249	$107.6577	D	23,841	D
Common Stock^F1	Jun 5, 2018	S	1,728	$107.6577	D	22,113	D
Common Stock^F1	Jun 5, 2018	S	744	$107.6577	D	21,369	D
Common Stock^F2	Jun 5, 2018	S	1,991	$108.1376	D	19,378	D
Common Stock^F2	Jun 5, 2018	S	947	$108.1376	D	18,431	D
Common Stock^F2	Jun 5, 2018	S	957	$108.1376	D	17,474	D
Common Stock^F2	Jun 5, 2018	S	509	$108.1376	D	16,965	D
Common Stock^F2	Jun 5, 2018	S	219	$108.1376	D	16,746	D
Common Stock^F3	Jun 7, 2018	S	2,339	$106.9138	D	14,407	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)^F5,F4	$15.57	Jun 5, 2018	M	6,759	D	—	May 4, 2022	Common Stock	6,759	1,991	D
Non-Qualified Stock Option (right to buy)^F5,F4	$15.57	Jun 5, 2018	M	1,991	D	—	May 4, 2022	Common Stock	1,991	0	D
Non-Qualified Stock Option (right to buy)^F5,F4	$24.39	Jun 5, 2018	M	3,217	D	—	May 3, 2023	Common Stock	3,217	947	D
Non-Qualified Stock Option (right to buy)^F5,F4	$24.39	Jun 5, 2018	M	947	D	—	May 3, 2023	Common Stock	947	0	D
Non-Qualified Stock Option (right to buy)^F5,F4	$25.30	Jun 5, 2018	M	3,249	D	—	May 6, 2024	Common Stock	3,249	957	D
Non-Qualified Stock Option (right to buy)^F5,F4	$25.30	Jun 5, 2018	M	957	D	—	May 6, 2024	Common Stock	957	0	D
Non-Qualified Stock Option (right to buy)^F5,F4	$39.73	Jun 5, 2018	M	1,728	D	—	Nov 17, 2024	Common Stock	1,728	829	D
Non-Qualified Stock Option (right to buy)^F5,F4	$39.73	Jun 5, 2018	M	509	D	—	Nov 17, 2024	Common Stock	509	320	D
Non-Qualified Stock Option (right to buy)^F5,F4	$61.46	Jun 5, 2018	M	744	D	—	May 7, 2025	Common Stock	744	541	D
Non-Qualified Stock Option (right to buy)^F5,F4	$61.46	Jun 5, 2018	M	219	D	—	May 7, 2025	Common Stock	219	322	D

Explanation of responses

F1The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $106.9800 to $107.9700, 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.
F2The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $107.9900 to $108.3400, 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.
F3The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $106.6800 to $107.1500, 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.
F425% of the stock option shares vest on one year anniversary of grant date, 1/48th of the total shares vest monthly thereafter.
F5The 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.