ELLIE MAE INC 4
4 · ELLIE MAE INC · Filed Sep 16, 2014
Insider Transaction Report
Form 4
ELLIE MAE INCELLI
SPENCER JEB S.
Director
Transactions
- Exercise/Conversion
Common Stock
2014-09-12$15.34/sh+2,650$40,651→ 2,650 total - Purchase
Common Stock
2014-09-15$33.78/sh+48$1,622→ 1,005 total - Sale
Common Stock
2014-09-12$33.80/sh−2,650$89,570→ 0 total - Purchase
Common Stock
2014-09-15$33.80/sh+957$32,347→ 957 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-09-12−2,650→ 9,350 totalExercise: $15.34Exp: 2022-05-15→ Common Stock (2,650 underlying)
Footnotes (3)
- [F1]The reporting person's purchase of 48 shares of Ellie Mae's common stock on September 15, 2014 at a price of $33.785 per share reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934 with the reporting person's sale of shares of Ellie Mae common stock at a price of $33.80 per share on September 12, 2014 reported herein to the extent of 48 shares. The reporting person has agreed to pay to Ellie Mae, upon settlement of the purchase, $.72, representing the full amount of the profit realized in connection with the short-swing transaction.
- [F2]Option vests with respect to 1/12th of the shares on each monthly anniversary of the date of grant of option, such that the option will be fully vested and exercisable on May 15, 2013.
- [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.