ELLIE MAE INC 4
4 · ELLIE MAE INC · Filed Aug 8, 2014
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
Lee Elisa
VP, General Counsel and Sec
Transactions
- Sale
Common Stock
2014-08-07$33.91/sh−20,000$678,280→ 52,600 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- [F2]Reflects shares of common stock issued and sold in connection with the Compensation Committee of the Board of Directors certification on August 20, 2013 of the achievement of performance goals under the 2012 performance share awards. 25% of the total shares awarded were issued as fully vested shares on or about September 6, 2013. An additional 25% of the total shares awarded will vest on each of August 6, 2014, August 6, 2015, and August 6, 2016, subject to continuous service through such dates.
- [F3]The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $33.52 to $34.4597, 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 footnote (3) to this Form 4.