ELLIE MAE INC 4
4 · ELLIE MAE INC · Filed Mar 28, 2017
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
Luce Edgar
EVP, Finance & Admin, CFO
Transactions
- Sale
Common Stock
2017-03-27$96.28/sh−3,452$332,363→ 37,117 total
Footnotes (3)
- [F1]The sales reported on this Form 4 were effected pursuant to the reporting person's 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 February 22, 2017 of the achievement of performance goals under the 2016 performance share awards. 25% of the total shares awarded were issued as fully vested shares on or about March 24, 2017. An additional 25% of the total shares awarded will vest on each of February 22, 2018, February 22, 2019 and February 22, 2020, 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 $96.2500 to $96.3425, 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.