ELLIE MAE INC 4
4 · ELLIE MAE INC · Filed Aug 11, 2016
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
HU LIMIN
EVP, Tech and Operations, CTO
Transactions
- Gift
Common Stock
2016-07-08+163,097→ 163,097 total(indirect: By Trust) - Gift
Common Stock
2016-07-08−163,097→ 55,638 total - Sale
Common Stock
2016-08-09$96.80/sh−22,000$2,129,556→ 33,638 total
Footnotes (4)
- [F1]The reporting person transferred 163,097 shares of common stock to Limin Hu, Trustee, Limin Hu Family Living Trust U/A/D 07/16/2014.
- [F2]The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- [F3]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 vested on each of August 6, 2014, August 6, 2015, and August 6, 2016, subject to continuous service through such dates.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $96.36 to $97.10, 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 footnote.