Anderman Sigmund 4
4 · ELLIE MAE INC · Filed Mar 5, 2019
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
Anderman Sigmund
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2019-03-01+1,624→ 5,809 total - Tax Payment
Common Stock
2019-03-01$99.52/sh−165$16,421→ 5,644 total - Sale
Common Stock
2019-03-04$99.27/sh−310$30,773→ 5,334 total
Holdings
- 10,000(indirect: By 401(k))
Common Stock
- 68,906(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Constitutes 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.
- [F2]Represents 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.
- [F3]The sales reported on this Form 4 were effected pursuant to the reporting person's Rule 10b5-1 trading plan.
- [F4]The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $99.2000 to $99.4100, 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.