ELLIE MAE INC 4
4 · ELLIE MAE INC · Filed Nov 26, 2014
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
Schultz Frank
Director
Transactions
- Sale
Common Stock
2014-11-25$41.57/sh−4,450$184,984→ 0 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-11-25−4,450→ 7,550 totalExercise: $22.20Exp: 2023-05-29→ Common Stock (4,450 underlying) - Exercise/Conversion
Common Stock
2014-11-25$22.20/sh+4,450$98,790→ 4,450 total
Footnotes (3)
- [F1]The price reported is a weighted average price. The shares were sold in multiple transactions ranging from $41.50 to $41.64, 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 (2) to this Form 4.
- [F2]100% of the shares subject to the option are fully vested and exercisable.
- [F3]The 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.